Petrochemical
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Gachsaran Petchem Project Online Soon
TEHRAN (Shana) – An official with the Persian Gulf Petrochemical Industries Company (PGPIC) said Gachsaran Petrochemical Project was about to be launched in the near future.
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98% Growth in Bou Alisina Petchem Revenue
TEHRAN (Shana) -- The financial director of Bou Alisina Petrochemical Plant, presenting the company's performance report, announced new production, sales and profitability records in the 9 months of the current Iranian calendar year which began on March 21.
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PGPIC, Top Iran Firm
TEHRAN (Shana) – Persian Gulf Petrochemical Industries Company (PGPIC) ranked first among the 500 top enterprises of the country by winning the first rank in the three indices of "sales value", "exports" and "highest market value".
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Pardis Petchem Co. Top Export-Oriented Firm in Iran
TEHRAN (Shana) -- Due to its brilliant performance in the field of product export, Pardis Petrochemical Company won the title of the country's top export-oriented company in the calendar year of 1401 which began on March 21.
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Digital Technologies Needed in Development of Petchem Projects
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) said Iran's petrochemical industry should pay attention and emphasize the use of digital technologies in the path of sustainable and balanced development.
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Foreign Firms Keen to Invest in Downstream Petchem
TEHRAN (Shana) -- The CEO of Persian Gulf Petrochemical Development and Investment Group (PGPDIG) says the holding has currently more than $650 million worth of projects under way. He told “Iran Petroleum” some of Iran’s neighbors had called for joint venture with PGPDIC, expressing hope for the finalization of an agreement in the current calendar year.
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Masjid Soleyman Petchem Plant to Boost Output
TEHRAN (Shana) -- The CEO of Masjid Soleyman Petrochemical Plant announced plans to increase the production capacity of this complex by 10 to 15%.
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Salman Farsi Propylene Project, 67% Complete
TEHRAN (Shana) -- The CEO of Salman Farsi Petrochemical Project said the progress of this strategic and important project, which is being carried out for the first time in the country, has reached 67%.
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Bandar Imam Petchem Plant to Build New PVC Unit
TEHRAN (Shana) -- The head of the PVC complex of Bandar Imam Petrochemical Company announced the beginning of studies for the construction of a new PVC unit in the complex.
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CEO Calls on Petchem Investors to Tap Domestic Capabilities
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) addressed the executives and investors of petrochemical projects, and said: “Try to use the abilities, knowledge and capacities of domestic companies more than before.”
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Petchem exports Rise in Assaluyeh
TEHRAN (Shana) -- The CEO of Pars Special Economic Energy Zone Organization (PSEEZ) announced a 50% increase in the export of this region compared to the previous year.
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Iran 9-Month Petchem Output Up 7% Y/Y
TEHRAN (Shana) – Iran’s petrochemical output reached 53 million tons in the first months of the current Iranian calendar year, up 7% compared to the same period last year.
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PGPIC Backs Creative Ideas: CEO
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) announced the priority of this company to increase the production of products, and said: “In this field, we welcome creative ideas.”
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Petchem Self-Sufficiency, Definitive NPC Policy
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) called self-sufficiency in the petrochemical industry as the definitive policy of the company, and said: “An integrated planning has been done to bring the missing links of the petrochemical value chain products inside with the cooperation of various sectors.”
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87% rise in Bu Alisina Petchem Revenue
TEHRAN (Shana) -- Bu Alisina Petrochemical Company’s revenue in the first three quarters of the current Iranian calendar year which started on March 21 reached Rls. 360,000 billion, up 87% year-on-year.
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Bu Alisina Paraxylene Unit Online Soon
TEHRAN (Shana) – The Deputy CEO of Bu Alisina Petrochemical Company announced the final stages of setting up the paraxylene unit in cooperation with Iranian companies, and said: “This unit will be ready for operation in February this year.”
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NPC Eyes average value of Iran Petchems at $5k/t
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC) stressed that all petrochemical industry activists should bring their abilities to the field to complete its value chain, and said: "We should bring the average value of petrochemical products to at least 4,500 to 5,000 dollars per ton."
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Petchem trading up 13% on IME
TEHRAN (Shana) – A board member of the Iran National Plastic and Polymer Industries Association announced a 13% increase in the trading volume of petrochemicals on the Iran Mercantile Exchange (IME) from the beginning of the current Iranian calendar year on March 21. compared to the same period last year.
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Bandar Imam Petchem Plant Ready to Finance NISOC Projects
TEHRAN (Shana) -- The CEO of Bandar Imam Petrochemical Company announced the company's readiness to invest in the optimization and maintenance projects of liquefied gas facilities of the National Iranian South Oil Company (NISOC).
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Most Advanced Chemical Wastewater Treatment Plant Launched in Ilam
TEHRAN (Shana) -- The ultra-saline wastewater treatment project of Ilam Petrochemical Complex using the "ZLD" system was launched for the first time in Iran.
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Iran 8-Month Petchem Output at 47 mt
TEHRAN (Shana) – Iran’s petrochemical output reached 47 million tons in the first 8 months of the current Iranian calendar year which began on March 21.
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1st Methanol to Synthetic Ethanol Plant to be built in Iran
TEHRAN (Shana) – A methanol-to-synthetic ethanol conversion plant will be built for the first time in the country's petrochemical industry with the signing of the technology transfer agreement for this project between Zagros Petrochemical Company and China's Dalian.
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Iranian Researchers Advance Petchem Technique
TEHRAN (Shana) -- The researchers of the Faculty of Mechanical Engineering, University of Tehran, succeeded in modeling, optimizing and designing primary burners to provide the heat energy required for the endothermic reaction of methanol production from natural gas in the country's petrochemical industry using numerical analysis.
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Arya Sasol Petchem Plant Smashes Production Record
TEHRAN (Shana) -- This year, the 6-month all-time record of Arya Sasol Polymer Company was broken with the production of 987,000 tons of items in the first half of the current Iranian calendar year which began on March 21.
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PGPIC Installed Capacity to hit 46mt/y by 2026
TEHRAN (Shana) -- The installed capacity of Persian Gulf Petrochemical Industries Company (PGPIC) is planned to hit 46 million tons per year by 2026 from currently 28 mt/y, an official with the holding says.
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$15b Petchem Market Waiting for KBCs
TEHRAN (Shana) -- The director of strategy and infrastructure of product development, technology and innovation of the Persian Gulf Petrochemical Industries Company (PGPIC) said the firm has about $15 billion of active plans up for grabs by knowledge-based startups.
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Iranian Catalyst Saves $6m
TEHRAN (Shana) -- Ilam Petrochemical Company saved Iran $6 million by successfully testing the catalyst made by the Petrochemical Research and Technology Company (PRTC) in its high-density polyethylene unit.
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Efforts underway to Prevent Petchem Feedstock Supply Shortages
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of sustainable energy supply and production management in the petrochemical industry, saying: “We are trying to increase the supply of petrochemicals so that the complexes do not face gas restrictions in the cold season of the year.”
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Iran Catalysts Selling in Russia
TEHRAN (Shana) -- The CEO of the National Petrochemical Company (NPC), referring to the negotiations that have been held since April this year with Russian delegations for the export of Iranian catalyst to Russia, announced that one ton of Iranian catalyst is being successfully used in Russian petrochemical complexes, and Russian companies have registered new orders for catalysts.
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CEO Stresses Necessity of Creating Sufficient Incentives for Human Capital
TEHRAN (Shana) -- The CEO of the National Petrochemical Company, while emphasizing the need to create sufficient motivation for human capital, said: "It is planned that all the products and equipment of the petrochemical industry be internalized within the next seven years."