petchem
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Formation of seventh development plan committee at NPC
SHANA (Tehran) – The National Petrochemical Company (NPC) has established a specialized committee dedicated to the implementation of Iran’s Seventh Development Plan, emphasizing its importance for the petrochemical sector, the company’s CEO announced.
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Generative AI: A new path to value creation in petchem industry
SHANA (Tehran) – The head of information systems and digital transformation at the National Petrochemical Company (NPC) highlighted the need to integrate artificial intelligence into the petrochemical industry, saying generative AI can help design, evaluate and execute production scenarios and goals simultaneously, while also supporting marketing and new product development.
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Digital mindset key to petrochemical industry’s growth
SHANA (Tehran) – Hossein Alimorad, director of planning and development at the National Petrochemical Company (NPC), emphasized the need to redefine governance structures and institutions to achieve digital governance, saying that fostering a digital-oriented mindset is essential for realizing digital transformation.
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NPC, ICT Ministry collaborate on education equity, smart schools
SHANA (Tehran) – The National Petrochemical Company (NPC) has been tasked by the president to work with the Ministry of Information and Communications Technology (ICT) on promoting education equity and smart schools, NPC Managing Director Hassan Abbaszadeh announced. The initiative is currently underway, with results expected in the coming months.
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Energy management system to be implemented in petchem industry
SHANA (Tehran) – Ali Rabani, director of energy consumption optimization at the National Petrochemical Company (NPC), announced plans to implement an energy management system across Iran’s petrochemical industry. He urged holding companies and petrochemical firms to make full use of available resources for the system’s deployment.
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Land use planning decree for petrochemical industry enforced
SHANA (Tehran) – The executive decree on land use planning for the petrochemical industry has been officially communicated to petrochemical holding companies and firms, according to the National Petrochemical Company (NPC).
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Methanol value chain projects planned for Lamerd Economic Zone
SHANA (Tehran) – The head of the National Petrochemical Company (NPC) highlighted the strategic role of the Lamerd Special Economic Zone in advancing Iran’s petrochemical industry and reducing crude sales, announcing extensive plans to complete the methanol value chain in the region.
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Completing the value chain, key to petchem industry growth
SHANA (Tehran) – The CEO of the National Petrochemical Company emphasized the importance of completing the value chain in Iran’s petrochemical sector, saying that Fars Province offers favorable conditions for establishing small-scale, low-water-consuming industrial units. He noted that several gas and industrial companies are currently investing in the southern part of the province.
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Support for NTBFs, key to petrochemical downstream growth
SHANA (Tehran) – The director of research, technology, and domestic manufacturing at the National Petrochemical Company (NPC) emphasized the need for intelligent support of new technology-based firms (NTBFs), the development of local technologies, and the creation of a sustainable value chain to secure Iran’s share in regional and global petrochemical markets.
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Iran targets 7 million-ton hike in polymer production
SHANA (Tehran) – Iran’s polymer industry is poised for a major leap, driven by the expansion of new petrochemical projects and the country’s vast oil and gas resources. According to official plans, Iran’s polymer production capacity is expected to reach 16 million tons per year by the end of the Seventh Development Plan — an increase of 7 million tons.
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Easing investment in petrochemical industry necessary
SHANA (Tehran) – The head of Iran’s National Petrochemical Company stressed the need to attract new investments and boost production, urging the use of all available capacities to finance petrochemical projects.
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Petchem industry plays strategic role in Iran’s economy, currency supply
SHANA (Tehran) — Iran’s petrochemical sector remains competitive despite sanctions and provides nearly half of the country’s foreign currency needs and about 25% of non-oil exports, a senior official said Tuesday.
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Sustainable petchem production tied to stronger state-industry coop
SHANA (Tehran) – The head of Iran’s National Petrochemical Company stressed the need for cooperation between the state and petrochemical companies to ensure sustainable production, saying that the new Commission for Arbitration Development in the industry could help strengthen alignment among sector players.
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Petrochemical industry focused on stable feedstock supply
SHANA (Tehran) – The National Petrochemical Company’s production control director said Iran’s petrochemical output in 1404 has remained defensible despite a 12-day war, with field development, flare gas recovery and investments in gas-saving projects identified as key strategies to secure stable feedstock.
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Petchem industry saves 1.7 bcm of gas through efficiency measures
SHANA (Tehran) – The energy optimization director of the National Petrochemical Company announced that 1.7 billion cubic meters of gas have been saved over the past four years through efficiency projects.
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Private sector holds 15% share in Iran’s petrochemical industry
SHANA (Tehran) – About 15% of Iran’s petrochemical industry is currently controlled by the private sector, the head of the National Petrochemical Company said Monday, expressing hope that the share will increase by the end of the country’s Seventh Development Plan.
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Petrochem expo set for January in Kish
SHANA (Tehran) – The third edition of the Petrochem Exhibition will be held January 6-8 at the Kish International Exhibition Center, aiming to support domestic production and technology companies.
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Unprecedented growth ahead for Iran’s petchem industry by 2028
SHANA (Tehran) – The capacity of Iran’s petrochemical industry is set to jump by 35 million tons, reaching 131.5 million tons by the end of the Seventh Development Plan through the completion of 66 projects. This growth will not only expand output but also significantly enhance Iran’s global position in the sector.
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Iran produces 32m tons of petrochemicals in five months, Exports $5.5b
SHANA (Tehran) — Iran produced 32 million tons of petrochemical products from March 21 through August 22 despite challenging conditions, the head of the National Petrochemical Company said Wednesday.
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Iran’s petrochemical sector set for major expansion
SHANA (Tehran) – Iran’s petrochemical industry is preparing for unprecedented growth in 1404, with 15 new production projects set to begin operations alongside the launch of several new products. Officials say the developments mark a major step toward the goals of the Seventh Development Plan and a more balanced value chain.
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Fueling an 8% growth target: Petchem industry's 131m-ton goal
SHANA (Tehran) – The petrochemical industry, aligning with the annual slogan and the objectives of the 7th Development Plan (2024-28), has set its sights on reaching a nameplate capacity of 131 million tons.
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Iran’s petrochemical industry invests $10b in Chabahar
SHANA (Tehran) – The head of Iran’s National Petrochemical Co. (NPC) said the company is ready to welcome investors in the southeastern port city of Chabahar, where about $10 billion has already been invested, creating capacity for more than 10 million tons of petrochemical production.
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Petchem industry key to overcoming downstream sector challenges
SHANA (Tehran) – The petrochemical industry is crucial for navigating the challenges faced by downstream industries, a National Petrochemical Co. official said Monday.
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NPC should steer value chain development
SHANA (Tehran) – The CEO of Kimia Group said a comprehensive roadmap, capable managers and precise execution are three prerequisites for the sustainable development of the petrochemical industry, adding that the National Petrochemical Co. must be the architect and leader of the value chain's development.
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Iran's petchem industry aims to bolster position by leveraging capacities
SHANA (Tehran) – To solidify its position in the global petrochemical industry, Iran must strategically leverage its potential advantages and capacities to move away from raw material sales and focus on developing its value chain, said the planning and development director of the National Petrochemical Co.
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NPC head outlines key challenges in completing value chain
SHANA (Tehran) – The head of Iran’s National Petrochemical Company said the lack of technical knowledge, feedstock, capital, implementation experience and a supportive business environment are the main obstacles to completing the country’s petrochemical value chain.
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Oil industry, universities, research centers can drive petchem value chain growth
SHANA (Tehran) – Strengthening ties among the oil industry, universities and research centers can pave the way for developing Iran’s petrochemical value chain, the head of the Research Institute of Petroleum Industry said Monday.
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NPC calls for eco-friendly plastics in industry’s future
SHANA (Tehran) — The head of Iran’s National Petrochemical Company stressed the importance of encouraging downstream producers to manufacture environmentally friendly plastics, saying the approach must be a priority in the industry’s development plans.
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Iran’s petrochemical roadmap: From value chain growth to global diplomacy
SHANA (Tehran) – The Director of Planning and Development at the National Petrochemical Company (NPC) has outlined Iran’s strategic development plans for the petrochemical sector, emphasizing the role of “petrochemical diplomacy” in achieving the industry’s growth objectives.
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35m-ton jump in petchem capacity planned under Seventh Development Plan
SHANA (Tehran) – The Director of Planning and Development at the National Petrochemical Company (NPC) has announced a planned increase of 35 million tons in the country’s petrochemical production capacity through the implementation of 66 development projects under the Seventh Development Plan. He noted that in addition to expanding capacity, the plan aims to complete the value chain to reduce dependence on exports of basic products.