Petrochemical
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Karoon Petchem Plant Unveils 5th Knowledge-based Item
TEHRAN (Shana) -- Karoon Petrochemical Company has unveiled its fifth knowledge-based product, in cooperation with a knowledge-based company, which can save $10 million by meeting domestic needs.
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$600m Petchem Value Chain Completion Projects underway under way in Petrol
TEHRAN (Shana) -- The CEO of Petrol said $600 million projects are being implemented by the company in order to complete the value chain of the petrochemical industry.
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Min. Stresses Need to Boost Refining Capacity
TEHRAN (Shana) -- Emphasizing the investment in the construction of refineries and petro-refineries in the country, the Iranian Minister of Petroleum said: “The refining capacity in the country should be enhanced.”
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Iran to become PP Heavyweight
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said that the country was to launch 12 PDH projects which will turn it into a major producer of polypropylene (PP).
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Building PDH/PP Projects Creates Jobs for 5k
TEHRAN (Shana) -- The CEO of Tadbir Energy Development Group said that employment for 5,000 people will be created during implementation of the Parsian Sepehar PDH/PP project.
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Iran LPG Export Grows 20% under Raisi
TEHRAN (NIPNA) – The Iranian Minister of Petroleum said Iran’s export of liquefied petroleum gas (LPG) saw a 20% rise in the first year of President Raisi’s office compared to a year earlier.
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Iran Eyes $18b in Petchem Revenue
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) said the country’s petrochemical revenues is planned to hit $18 billion in the current calendar year, which began on March 21.
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16th Iran Plast pre-registration Extended
TEHRAN (Shana) -- New participants of the 16th Iran Plast International Exhibition can pre-register for this large and specialized event in the petrochemical industry from August 15 to 17.
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MP Says Petro-refineries Could Safeguard Iran Against Sanctions
TEHRAN (Shana) -- A member of the Energy Committee of the Islamic Assembly considered the construction of petro-refineries as one of the defense tools to fight the sanctions, and said: “Directing liquidity towards production is achieved by investing in national economic projects.”
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PGPIC Ready to Bolster Ties with German Firms
TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) voiced the holding’s readiness to cooperate with German companies that excel in chemistry and petrochemical industry and take great steps for the interests of both countries.
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Di Aria Polymer Officially Online
TEHRAN (Shana) -- Di Aria Polymer (Khomein Petrochemical Plant) was officially inaugurated in the presence of Deputy Minister of Petroleum and the CEO of National Petrochemical Company.
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NPC CEO Invites Investors in Petchem Projects
TEHRAN (Shana) – The CEO of the National Petrochemical Company (NPC) invited all investors, researchers and industrialists of the petrochemical industry to participate in completing the sector’s value chain.
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Minor Fire Contained at Farabi Petchem Plant
TEHRAN (Shana) -- A minor fire in the Farabi Petrochemical Plant’s Power Unit was extinguished without any serious damage to the facility.
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Q1 Sales of Shiraz Petchem Plant grow 187% Y/Y
TEHRAN (Shana) -- The sales of Shiraz Petrochemical Company have increased by 187% in the first quarter of the current calendar year, which began on March 21, compared to the same period last year.
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Plant Saves €3.7 m by Localizing Items
TEHRAN (Shana) -- The CEO of AmirKabir Petrochemical Company announced the localization of 600 parts in the company which has led to saving €3.7 million in the plant’s expenses.
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2nd Int'l Conference on Export Development of Polymer Industries to be held in July
TEHRAN (Shana) -- The 2nd International Conference on Export Development of Polymer Industries and recognition of dynamic exporters will be held in Isfahan on July 26.
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Construction of Golestan Petchem Plant to begin Soon
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said the development of Golestan Petrochemical Plant will begin soon.
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Marjan Petchem Plant 95% Productive in 1400
TEHRAN (Shana) -- The caretaker of Marjan Petrochemical Company said despite the restrictions on gas feedstock in order to supply domestic gas in winter, the company’s yield was 95% of its nominal capacity in the calendar year of 1400 which ended on March 20.
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HDPE Output of Ilam Petchem Plant Rises
TEHRAN (Shana) -- The CEO of Ilam Petrochemical Company said with the efforts of the young specialists of the company, the capacity of the high density polyethylene (HDPE) unit has reached 44 tons per hour.
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Lordegan Petchem Output Sees Whopping 518% Growth in Q1
TEHRAN (Shana) – The CEO of Lordegan Urea Chemical Fertilizer Company announced breaking a new record in the plant’s output in the first quarter of the current calendar year of 1401, which began on March 21, hitting 518% growth year-on-year.
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Ghadir Petchem Plant Operating at 121% of Nominal Capacity
TEHRAN (Shana) -- The CEO of Ghadir Petrochemical Company announced setting of a new record in the production of the petrochemical plant in the first quarter of the current calendar year, which began on March 21 hitting 121% of the facility’s nameplate capacity.
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60% Rise in Performance Efficiency of Dena Petrochemical Plant
TEHRAN (Shana) -- The progress of Dena Petrochemical project is over 75%, which shows a 60% increase in the company's total productivity in 10 months compared to the same period last year.
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Iran Firms Develops Palladium Catalyst
TEHRAN (Shana) -- The CEO of Shahid Tondgouyan Petrochemical Company announced a 57% increase in the company's net profit in the calendar year of 1400 which ended on March 20, compared to the previous year and the localization of palladium catalysts.
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Maduro Notes Petropars Capacity in Venezuela Oil Projects
TEHRAN (Shana) -- The President of Venezuela stressed the need to use the capacity of the Iranian company, Petropars, to develop Venezuela’s oil and gas projects.
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Petrol to Build Downstream Parks
TEHRAN (Shana) -- The CEO of Petrol announced the construction of two new downstream parks as the company's future plans.
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Arvand Petchem Plant Loads 1st Ethylene Dichloride Shipment
TEHRAN (Shana) -- The caretaker of Arvand Petrochemical Company said the first consignment of ethylene dichloride weighing 5,000 tons has been loaded for export.
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Iran Oil Revenue Collection 60% Y/Y: Official
TEHRAN (Shana) -- The Director General of Public Relations of the Iranian Ministry of Petroleum said the receipt of hard currency earnings of oil sales in the first two months of the current Iranian calendar year which began on March 21 saw a 60% year-on-year growth.
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Noori Petchem Plant Operating at 108% of Capacity
TEHRAN (Shana) -- The CEO of Noori Petrochemical Plant said the amount of production in Noori Petrochemical Plant in Ordibehesht (the second month of the Iranian calendar year- April 21 to May 22) reached 108% of its nominal capacity.
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Value Chain to Complete at Abadan Petchem Plant
TEHRAN (Shana) -- The head of Abadan Petrochemical Plant during the visit of the CEO of the National Petrochemical Company to the facility said: “The creation of new units is a process in line with the completion of the value chain of Abadan Petrochemical Plant’s development plans.
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Ilam Petchem Plant to Boost Output with Tang-e-Bijar Field Development
TEHRAN (Shana) – The Persian Gulf Petrochemical Industries Company (PGPIC) and the Iranian Central Oil Fields Company have signed a memorandum of understanding to develop the second phase of the Tang-e-Bijar gas field to tap the hamstrung capacity of Ilam Petrochemical Plant while ensuring the stability of the gas network in western regions, especially Ilam.