petchem
-
Petchem sector advances 96 energy efficiency projects
SHANA (Tehran) – The National Petrochemical Company (NPC) is implementing 96 energy efficiency projects across and beyond the petrochemical sector, with the initiatives expected to reduce annual natural gas consumption by about 250 million cubic meters once fully operational, a senior NPC official said.
-
Damaged petchem plants enter reconstruction phase
SHANA (Tehran)— The head of the National Petrochemical Company said reconstruction efforts for petrochemical units damaged during the Third Imposed War have entered the operational phase, with two recovery tracks being pursued simultaneously.
-
Energy Pulse Campaign cuts gas use by 340 mcm
SHANA (Tehran) — Iran’s nationwide “Energy Pulse” campaign has reduced natural gas consumption by about 340 million cubic meters since its official launch in December 2024, according to the National Petrochemical Company’s energy optimization director.
-
Petchem sector stresses transparency, market stability
SHANA (Tehran) – National Petrochemical Company said the country’s petrochemical production chain operates under full transparency, with all data on feedstock consumption, production, sales and inventories recorded online and accessible to regulatory bodies.
-
Oil industry workers prevented halt to national economy
SHANA (Tehran) – President Masoud Pezeshkian said Iran’s oil and petrochemical industry workers prevented the country’s production cycle and national economy from grinding to a halt through courage and self-sacrifice.
-
NPC reviews reconstruction of damaged petchem plants
SHANA (Tehran) – The head of the National Petrochemical Company visited damaged petrochemical facilities in the Pars Special Economic Energy Zone to assess reconstruction and recovery efforts, including work underway at Shiraz Petrochemical Company.
-
Tavanir supports petchem industry
SHANA (Tehran) – The CEO of Tavanir said the company supports major industries, particularly the petrochemical sector, adding that electricity needed by petrochemical industries will be fully supplied.
-
MPs back faster restoration of damaged petrochemical plants
SHANA (Tehran) – Members of parliament stressed the need to accelerate the return of damaged petrochemical units to production during a joint meeting of the Parliament’s Industries and Mines Committee and the Industry, Mining, Safety and Standards Faction, with legislative support pledged for the effort.
-
Plant recovery, easier imports to boost petchem feedstock supply
SHANA (Tehran) – The deputy oil minister for petrochemicals said efforts are underway to meet downstream industry demand through the restoration of petrochemical complexes and by facilitating imports.
-
Petrochemical officials meet in Ahvaz to discuss feedstock stability
SHANA (Tehran) – Officials have explored ways to secure sustainable feedstock for petrochemical plants in Mahshahr, Iran.
-
Gov’t, Parliament align to support petchem downstream industries
SHANA (Tehran) – The CEO of the National Petrochemical Company said coordination between the government and Parliament is helping meet the needs of downstream petrochemical industries.
-
Rapid planning to restore lost capacity in petchem industry
SHANA (Tehran) – The head of downstream development at the National Petrochemical Company said efforts are accelerating to rebuild petrochemical complexes and bring underperforming units back online.
-
Gov’t, private sector align to support petchem industries
SHANA (Tehran) — Iran’s National Petrochemical Company, aiming to manage the market, is facilitating the supply of polyethylene terephthalate (PET) to downstream industries with the cooperation of Persian Gulf Holding, the banking system and private sector companies.
-
Paknejad praises oil industry workers’ wartime efforts, calls for stronger regulatory role in petchem sector
SHANA (Tehran) – The oil minister said employees across the oil industry demonstrated selfless dedication during the third imposed war, emphasizing the need to strengthen the regulatory role of the National Petrochemical Company.
-
Minister expresses condolences over petchem workers’ martyrdoms
SHANA (Tehran) – The oil minister extended condolences following the martyrdoms of several petrochemical industry workers in the Mahshahr Petrochemical Special Economic Zone, by a US-Israeli attack.
-
Petchem leaders meet to review production, boost energy efficiency
SHANA (Tehran) - A meeting of managers from the National Petrochemical Industries Company was held to review production plans and optimize energy consumption in the petrochemical industry.
-
Oil Ministry eases path for petrochemical investment in upstream gas fields
SHANA (Tehran) — Iran’s petrochemical industry has begun investing directly in upstream gas field development after the Oil Ministry streamlined licensing and contract procedures, industry officials said, calling the shift a turning point in cooperation with the private sector.
-
Gas restrictions lifted for petrochemical complexes
SHANA (Tehran) – The National Petrochemical Company said it has fully lifted gas restrictions for petrochemical complexes, allowing companies to receive feedstock at their required capacity.
-
NPC: Gov’t shifts petrochemical focus from capacity to value chain
SHANA (Tehran) — The petrochemical industry has entered a new phase of policy and implementation under Iran's 14th government, moving beyond the mere expansion of nominal capacity to focus on completing the value chain, increasing actual production, and boosting domestic value-added, according to the head of the National Petrochemical Company (NPC).
-
Stability in petrochemical decision-making to be ensured
SHANA (Tehran) – The CEO of Nouri Petrochemical Company emphasized the strategic and supervisory role of the National Petrochemical Company in the sector, saying investors are seeking stability in policymaking and decision-making in the petrochemical industry. He said pricing of utility services must be managed in a way that preserves the economic viability and attractiveness of production at downstream complexes.
-
Gov’t prioritizes petrochemicals through utility pricing oversight
SHANA (Tehran) – The CEO of PetroFarhang Holding said the transfer of utility pricing arbitration to the National Petrochemical Company underscores the 14th Government and Ministry of Petroleum’s special attention to the petrochemical sector and the private industry. He added that stable and fair utility pricing fosters trust among private investors.
-
Iran’s petchem industry: 79 plants with 100m tons of nominal capacity
SHANA (Tehran) - Iran’s petrochemical industry, operating 79 production complexes, has reached a nominal production capacity of more than 100 million metric tons per year, emerging as one of the main pillars of the country’s non-oil economy. The expansion reflects years of investment in major petrochemical hubs and the gradual development of new industrial zones.
-
Petrochemical feedstock secured through flare gas recovery
SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) said the Oil Ministry under the 14th administration has developed and is implementing medium-term plans to offset idle capacity and ensure a stable supply of feedstock for the petrochemical industry, with large-scale investment in flare gas recovery among the most important measures.
-
Aligning corporate interests with petrochemical utility pricing arbitration
SHANA (Tehran) – The CEO of Arya Sasol Polymer Company said transferring authority for utility pricing arbitration to the National Petrochemical Company (NPC) reflects recognition of the petrochemical industry’s role in the national economy and, if properly implemented, could strengthen a development-oriented approach at companies and align government and corporate interests.
-
A 47-year record: How petrochemical industry became a driver of non-oil economy
SHANA (Tehran) - Over the past 47 years, Iran’s petrochemical industry has gradually moved away from crude oil and gas sales and emerged as one of the country’s main engines of non-oil economic growth. With production capacity expanding more than 33-fold, exports rising sharply and export value increasing nearly 194 times, the sector now plays a central role in generating sustainable foreign currency revenue, completing value chains and strengthening the economy against volatility in global oil markets.
-
Utilities pricing arbitration seen as step toward smarter petrochemical regulation
SHANA (Tehran) – The vice chairman of Parliament’s Energy Committee said arbitration over the pricing of auxiliary services marks a move toward smarter regulation in Iran’s petrochemical industry and could pave the way for an independent regulator aligned with international energy governance standards.
-
Phase 2 of Bushehr Petrochemical Plant begins operations
SHANA (Tehran) – The olefin, monoethylene glycol, and offsite utility units of the Bushehr Petrochemical Plant, representing a total investment of $1 billion, were inaugurated by order of the president.
-
Petrochemical production capacity hits 100m tons per year
SHANA (Tehran) – Iran's annual petrochemical production capacity has increased by about 3.7 million tons to 100 million tons under the 14th administration, Oil Minister Mohsen Paknejad said Tuesday.
-
Petchem industry reaches 100-million-ton mark, celebrates new projects
SHANA (Tehran) – The CEO of the National Petrochemical Company announced the operational launch of several major production and infrastructure projects in the petrochemical industry, coinciding with the Ten Days of Fajr celebrations. He stated that with these inaugurations, the industry can celebrate reaching an annual production capacity of 100 million tons.
-
Historic arbitration ends long-running petrochemical pricing dispute
SHANA (Tehran) – A senior Oil Ministry official said a landmark arbitration ruling that assigns oversight of auxiliary services pricing to the National Petrochemical Company has ended one of the industry’s longest-running disputes and set a new framework for state–private sector interaction.