Convergence, collaboration key to sustainable production in petchem industry

SHANA (Tehran) – The CEO of National Petrochemical Company (NPC) emphasized that cooperation among petrochemical holdings and companies, along with the implementation of NPC’s approved programs during the 12-day imposed war, helped achieve planned objectives in emergency management.

Petchem industry: Iran’s strategic stronghold in times of crisis

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC), in a message, praised the selfless dedication of the industry’s employees during the 12-day attack by the Zionist regime, calling the petrochemical sector a strategic, people-centered institution and a pillar of the country in critical times.

Shahid Tondguyan Petrochemical Company denies rumors of attack

SHANA (Tehran) – Shahid Tondguyan Petrochemical Company stated that no attack has occurred at its facility and operations are continuing as usual.

Tabriz Oil Refinery denies attack, says operations normal

SHANA (Tehran) – The Tabriz Oil Refining Company stated that no attack or damage has occurred at the Tabriz refinery and that operational activities are proceeding as usual.

Sustainable development of petchem industry in collaboration with DoE

SHANA (Tehran) - The CEO of the National Petrochemical Company emphasized that environmental protection is essential for sustainable development, stating that enhancing cooperation between the petrochemical industry and the Department of the Environment (DoE) is a priority, with joint programs already drafted and submitted.

Privatization in petrochemical industry completed

SHANA (Tehran) - The head of Iran’s Privatization Organization announced the transfer of approximately 65 petrochemical companies to the private sector and non-governmental public institutions, stressing that the government no longer holds a significant stake in the industry. 

NPC:

Full utilization of petchem industry capacity requires $18b investment

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need for stable feedstock supply, stating that addressing challenges and fully utilizing the petrochemical industry’s potential requires an investment of approximately $18 billion.

Petrochemical Research and Technology Company focuses on commercializing technical knowledge

SHANA (Tehran) – The CEO of the Petrochemical Research and Technology Company (NPC-RT) emphasized the localization of technical knowledge for oil industry catalysts in collaboration with new technology-based firms (NTBFs) as the company’s most significant achievement.

Petchem companies invest $5b to collect gas flares

SHANA (Tehran) – The HSE director of Iran’s National Petrochemical Company (NPC) emphasized the industry’s role in reducing flare gas emissions, announcing a $5 billion investment by petrochemical companies to collect flare gases upstream and draft a strategic plan for flare gas management.

NPC: Special contracts defined for downstream industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the development of the value chain as a key priority for the petrochemical industry in the Seventh Development Plan and the 14th administration’s agenda. He noted that special contracts have been established to expand downstream industries.

University centers play key role in petchem industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the importance of strong, ongoing collaboration between industry and academia, stating that this partnership facilitates the petrochemical industry’s development by leveraging global knowledge and technology.

NPC calls for balanced petchem development, warning against short-term fixes

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to revise the development model of the petrochemical industry, stating that a more comprehensive approach is required to fully integrate the value chain and prevent resource wastage—one that ensures balance across the chain and avoids decisions influenced by short-term considerations.

$87b Investment in Petchem Sector

SHANA (Tehran) – Iran’s petrochemical production capacity is close to 100 mt/y, which is expected to increase in line with the objectives of the 7th National Economic Development Plan and under the aegis of arrangements made by the National Petrochemical Company (NPC).

Tax incentives for AI development in petchem industry

SHANA (Tehran) – The advisor to the CEO of the National Petrochemical Company (NPC) announced efforts to create a data lake to leverage artificial intelligence capabilities in the petrochemical industry, adding that tax incentives have been proposed to accelerate the process.