Digitalization: A strategic imperative for the future of petchem industry

SHANA (Tehran) – The adoption of cutting-edge technologies and digitalization is a strategic necessity for the future of the petrochemical industry. Given its existing infrastructure and domestic technological capabilities, Iran can solidify its position in this global transformation by developing a cohesive strategy.

Bandar Imam Petrochemical Complex ranks first in Iran’s petrochemical production

SHANA (Tehran) – The Bandar Imam Petrochemical Complex produced more than 4.87 million tons of products in the Iranian calendar year 1403 (2024-25), achieving an 8% growth and securing the top production rank among Iran’s 72 active petrochemical plants, according to the National Petrochemical Company.

Stability in PVC market as Arvand Petrochemical boosts production

SHANA (Tehran) – Arvand Petrochemical has significantly increased production of various PVC grades by addressing challenges and implementing development strategies, playing a key role in stabilizing Iran’s PVC market.

Karun Petrochemical Complex sets monthly isocyanate production record

SHANA (Tehran) – The manager of Karun Petrochemical Complex announced that the facility broke Iran’s monthly isocyanate production record over the past four years.

Petchem industry development focused on southern coasts: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) said the petrochemical industry is expanding along the coasts of the Persian Gulf and the Sea of Oman due to favorable infrastructure and access to open waters, with new investors being concentrated in the Makoran region.

Abadan petrochemical production resumes

SHANA (Tehran) – The utility and PVC units of the Abadan Petrochemical Complex have resumed production after resolving operational challenges.

Head of judiciary highlights forex savings through sustainable production

SHANA (Tehran) – During a visit to Hegmataneh Petrochemical in Hamedan on Monday, Judiciary Chief Gholamhossein Mohseni-Ejei emphasized the importance of reviving production units across the country, particularly this year, which has been designated as the "Year of Investment in Production."

Karoun Petrochemical Company production grows 17%

SHANA (Tehran) – The CEO of Karoun Petrochemical Company announced a 17.4% increase in production in 1403 compared to 1402.

NPC: 18 petchem projects nearing operation

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the year 1404 (2025-2026) will be the peak year of the Seventh Development Plan (2024-28), with around 18 projects worth a total of $5 billion set to become operational.

Petchem production capacity to increase by 9m tons

SHANA (Tehran) - The production capacity of Iran’s petrochemical industry is expected to rise by approximately 9 million tons by 1404, according to the National Petrochemical Company’s production control manager.

Petchem industry supports attracting new investments

SHANA (Tehran) - The caretaker of the investment management department at the National Petrochemical Company (NPC) said attracting new investments in the "Year of Investment for Production" is a key strategy aimed at boosting output and completing the value chain, adding that NPC is ready to offer full cooperation and support in this effort. 

Ilam's Arghavan Gostar Petrochemical Project nears launch

SHANA (Tehran) - The extruder unit of Ilam's Arghavan Gostar Petrochemical Project has reached its final testing phase.  

NPC:

Strategic studies essential for petchem industry development

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the need to diversify target markets and identify opportunities and challenges for the development of Iran’s petrochemical industry over the next 20 years.

Iran no longer needs to import five polymer grades

SHANA (Tehran) - Arvand Petrochemical, the largest producer of PVC and chlorine chains in West Asia, has achieved a historic production record for EPVC this Iranian year, eliminating the need for the country to import five specialized grades.

MP says petchem industry helps bypass sanctions, generate revenue

SHANA (Tehran) – The head of the parliamentary faction overseeing the oil, gas, and petrochemical industries described the petrochemical sector as one of the country's most vital industries.

NPC:

Petrochemical companies committed to returning forex to economy

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized that the petrochemical industry is committed to returning the foreign currency earned from exports to the country’s economic cycle, stating that all currency obligations of petrochemical companies have been fulfilled.

Localization of reactor prevents millions of dollar outflow

SHANA (Tehran) – The first domestically produced methanol synthesis reactor, which has been localized to prevent tens of millions of dollars outflow, was installed at the second phase of the Sabalan Petrochemical Complex.

New downstream petchem projects to be introduced

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) announced that several new projects aimed at developing downstream petrochemical industries will soon be introduced across the country. These projects will take into account regional planning, existing infrastructure, and the availability of feedstock and water resources for investment.

Working under sanctions is challenging, but solutions exist: PGPIC

SHANA (Tehran) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) emphasized the implementation of new plans to sustain the country's economic momentum, stating that serious solutions for financing must be found even under sanctions. While sanctions bring difficulties, it cannot be said that there are no solutions.

Aryasasol Polymer Company expands export markets to 32 countries

SHANA (Tehran) – The CEO of Aryasasol Polymer Company announced that the company’s export markets have expanded to 32 countries, up from 16 countries in 2022, driven by direct sales.

Innovative solutions explored to enhance safety in petchem industry

SHANA (Tehran) – A specialized meeting of health, safety, and environment (HSE) managers from petrochemical companies across the country was held to address challenges, exchange experiences, and present innovative solutions aimed at enhancing safety and promoting sustainable development in the petrochemical industry.

Most comprehensive park of methanol chain launched at Mehr Tab Parsian Petrochemical

SHANA (Tehran) – The CEO of Mehr Tab Parsian Petrochemical Company described a project by his company as the most comprehensive park for producing methanol-derived products, aimed at completing the methanol production chain within subsidiary companies.

Third PetroTech Conference:

Technology in oil industry for boosting national wealth

SHANA (Tehran) – The deputy minister of oil for engineering, research, and technology stated that the Third PetroTech Conference is an opportunity for synergy between the oil industry, new technology-based firms (NTBFs), and researchers.

12 petchem projects underway in Kangan

SHANA (Tehran) – The CEO of the National Petrochemical Industries Company announced that 12 petrochemical projects, valued at $10 billion, are currently being implemented in Kangan.

Bandar Imam Petrochemical Company invests $150m in Hoveyzeh Persian Gulf Refinery

SHANA (Tehran) – The CEO of Bandar Imam Petrochemical Company announced the construction of two pipelines and the completion of the second phase of the Hoveyzeh Persian Gulf Gas Refinery, funded by a $150 million investment from the company.

Petchem industry aims to complete value chain, reduce raw material sales: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) stated that the industry's goal is to complete the value chain and reduce the sale of raw materials.

Continuous monitoring brings stability to petchem market: NPC

SHANA (Tehran) – The deputy oil minister emphasized that continuous monitoring and accurate reporting on the petrochemical market’s conditions help stabilize the market.

Petchem Industry: A key player in Iran’s economy

SHANA (Tehran) – Iran’s petrochemical industry has made significant strides over the past four decades, not only surpassing domestic needs but also becoming one of the country’s most vital sources of foreign currency. The industry now generates an annual revenue exceeding $23 billion.

Financial challenges resolved for incomplete petrochemical projects

SHANA (Tehran) – The CEO of Shastan Commercial Investment Company announced that the financial challenges for the second phase of incomplete petrochemical projects, including Bushehr Petrochemical, Negin Makran Petrochemical Development Company, Badr Shargh Petrochemical Complex, and Negin Bandar Abbas Petro Refinery, have been addressed.