Iran's Petrochemical Industry

Iran aims to become energy hub in region: Veep

TEHRAN, Mar. 16 (MNA) – Iran's First Vice President Mohammadreza Aref stated that Iran is striving to become a regional energy hub, emphasizing that achieving that goal is a top priority for the administration of President Masoud Pezeshkian.

Ilam petrochemical company’s output up 9% in one year: CEO

TEHRAN, Mar. 08 (MNA) – The chief executive of Ilam Gas Refining Company has said that his company’s production of petrochemicals registered a nine percent growth in the current Iranian calendar year (started March 21, 2024).

Iran petchem exports increased despite draconian US sanctions

TEHRAN, Mar. 05 (MNA) – The petrochemical exports of Iran under the administration of President Pezeshkian have considerably increased in spite of the tough sanctions imposed by the United States against the country.

Iran to introduce new downstream petrochemical projects: NPC

TEHRAN, Mar. 02 (MNA) – The CEO of the National Petrochemical Company (NPC) has announced that several new projects will soon be introduced across the country to develop downstream petrochemical industries.

NIORDC head:

PG Star Refinery among achievements of Islamic Revolution

TEHRAN, Feb. 09 (MNA) – The development of gas fields and construction of the Persian Gulf Star Refinery are the most significant achievements of the oil industry in the 46 years since the Revolution, CEO of NIORDC states.

NPC, manifestation of oil industry’s value chain: CEO

TEHRAN, Feb. 03 (MNA) – The chief executive of the National Petrochemical Company (NPC) says that the company is the manifestation of the value chain of the oil industry.

Iran’s petrochemical output up 3.5% y/y in 9 months

TEHRAN, Feb. 03 (MNA) – Iran has increased its petrochemical output this year despite energy supply restrictions imposed on industries in the country.

Tondguyan Petchem's self-sufficiency in catalyst production

TEHRAN, Jan. 27 (MNA) – Shahid Tondguyan Petrochemical Company has attained self-sufficiency in the production of catalyst, the chief executive of the company says.

Official stresses need to institutionalize AI in petchem ind.

TEHRAN, Jan. 26 (MNA) – Iran’s deputy oil minister emphasized the need for institutionalizing the Artificial Intelligence (AI) in the petrochemical industry of the country.

Iran exports $10 bn petrochemicals in 9 months: NPC chief

TEHRAN, Jan. 14 (MNA) – The chief executive of National Petrochemical Company (NPC) has said that the country exported $10 billion worth of petrochemicals in the first nine months of the current Iranian calendar year (started March 21, 2024).

NPC CEO urges accessing new markets to rise petchem exports

TEHRAN, Jan. 08 (MNA) – The chief executive of the National Petrochemical Company (NPC) emphasized the importance of utilizing all available capacities in the country to develop and diversify new markets with the goal of expanding exports.

Iran, Uzbekistan decide to jointly invest in petrochemicals

TEHRAN, Nov. 06 (MNA) – Iran and Uzbekistan have decided to make a joint investment in producing petrochemical products.

US imposes new sanctions on Iran over its retaliatory op.

TEHRAN, Oct. 12 (MNA) – The United States has imposed fresh sanctions on Iran’s oil and petrochemicals sectors in reaction to the Islamic Republic’s recent retaliatory missile attacks against Israeli targets.

Iran’s largest petcehm co. eyes 15% increase in annual output

TEHRAN, Sep. 16 (MNA) – Iran’s largest petrochemical company, the PGPIC, aims to increase its annual output by more than 15% this calendar year despite the continued pressure of US sanctions on the country’s petroleum industry.

NPC chief:

Iran to produce 80 mln tons of petrochemicals by yearend

TEHRAN, Sep. 10 (MNA) – The chief executive of the Iranian National Petrochemical Company (NPC) said that over 80 million tons of petrochemical products will be produced by the end of this year 1403 in the Iranian calendar (to end March 20, 2025).

Iran expects to export 34 mn ton petrochemicals by yearend

TEHRAN, Aug. 06 (MNA) – An official at Iran’s National Petrochemical Company (NPC) said it is predicted 34 million tons of the petrochemical products will be exported from the country by the end of the current Iranian calendar year (March 20, 2025).

Tehran to host petchem industry's activists from 15 countries

TEHRAN, Aug. 04 (MNA) – The 15th International Forum on Iran’s Petrochemical Industry will be held on August 4-5, 2024 in Tehran with the participation of petrochemical industrialists from 15 countries.

Iran’s petrochemical exports at $3.39 bn in Q1

TEHRAN, Jul. 30 (MNA) – Iran earned some $3.39 billion from exports of petrochemical products in the first three months of the current Iranian calendar year (March 21 to June 22, 2024), according to a senior industry official.

Iran produces over 20 mn tons of petrochemicals in Q1

TEHRAN, Jul. 29 (MNA) – The secretary general of the Petrochemical Industry Employers Association said that about 20.410 million tons of petrochemicals were exported from the country in the first quarter of this year (March 21- June 22, 2024).

Chabahar becomes petrochemical hub of Iran

TEHRAN, Jul. 14 (MNA) – The governor of Iran’s province has said that Chabahar Port has turned into a “petrochemical hub” due to its proper position to export petrochemical products.

Deputy oil min.:

Iran has high capacity to export catalysts to neighbors

TEHRAN, Jul. 09 (MNA) – The chief executive of the National Iranian Oil Refining and Distribution Company (NIORDC) said that the country has attained high technical know-how in producing and exporting catalyst to the neighboring states.

Iran's petchem output capacity exceeds 95 mt: NPC chief

TEHRAN, Jul. 09 (MNA) – The chief executive of the National Petrochemical Company (NPC) said that Iran’s petrochemical sector’s production capacity has surpassed 95 million tons per year with a basket of diversified products.

Iran Petchem Production Cap to exceed 100 mln Tons by yearend

TEHRAN, May 12 (MNA) –  The chief executive of the National Petrochemical Company (NPC) said the country’s petrochemical production capacity will top 100 million tons by the end of the current Iranian calendar year (to end March 20, 2025).

Economic official:

Iran’s pharmaceutical industry grows by over 11% in a year

TEHRAN, Mar. 25 (MNA) – The head of Iran’s Food and Drug Administration (FDA) announced an 11% growth in the pharmaceutical industry of the country in the previous Iranian calendar year (March 21, 2023, to March 19, 2024).

Major petrochemical projects to come on stream in Mahshahr

TEHRAN, Dec. 10 (MNA) – The head of Iran’s National Petrochemical Company (NPC) has said two major petrochemical projects are going to go operational in southwestern Mahshahr port, Shana reported.

NPC chief:

Iran’s annual petrochemical output to reach around 78 mn tons

TEHRAN, Oct. 16 (MNA) – Iran’s petrochemical production will reach around 78 million tons by the end of the current Iranian calendar year (March 19, 2024), said the National Petrochemical Company (NPC) managing director on Sunday.

Iran seeking to export petchem services to Venezuela, Brazil

TEHRAN, Sep. 27 (MNA) – The production control manager of Iran’s National Petrochemical Company (NPC) said the company has outlined a plan for exporting technical services to Venezuela and Brazil.

Iran, Uzbekistan sign petrochemical MoU

TEHRAN, Sep. 22 (MNA) – Iran’s National Petrochemical Company (NPC) and Uzbekistan’s Uzkimyosanoat on Wednesday signed a memorandum of understanding (MoU) on cooperation in the petrochemical sector.