Iran's Petrochemical Industry
-
Iran to launch medical-grade PVC plant by 2020
TEHRAN, Oct. 16 (MNA) – The CEO of the National Petrochemical Company (NPC) said that Hegmataneh Petrochemical Plant, a producer of medical-grade PVC, would come on stream in spring 2020.
-
Gasoline production in ‘euro-5’ kicks off in Lavan Oil Refinery
TEHRAN, Oct. 07 (MNA) – Chief Executive of Lavan Oil Refining Company on Monday Mohammad Ali Akhbari revealed the production of gasoline, observing the euro-5 standard of the European Union (EU).
-
Iran plans to enhance petchem diversity by 2025
TEHRAN, Oct. 06 (MNA) – The diversity of petrochemicals produced in Iran is expected to be enhanced by 2025 as the country is planning to realize the sector’s second and third leaps by 2025.
-
By: Ebrahim Fallahi
A look into Iran’s PGPIC after sanctions hit the holding
TEHRAN, Oct. 01 (MNA) – As Iran’s largest petrochemical group which extends to 39 subsidiaries and foreign-based sales agents, Persian Gulf Petrochemical Industries Company (PGPIC) has been considered one of the most profitable entities in the country’s economic body.
-
Khatam-al Anbiya Construction Headquarters to construct 1st petro-refinery in Iran
TEHRAN, Sep. 30 (MNA) – Khatam-al Anbiya Construction Headquarters will construct the first petro-refinery in Kermanshah province.
-
Iran petchem revenues to hit $37b by 2026
TEHRAN, Sep. 30 (MNA) – The value of Iran’s petrochemical products would reach $37 billion by 2026, according to Iranian Oil Minister Bijan Zangeneh.
-
Refineries, petroch companies in Makran to be developed: oil min.
TEHRAN, Sep. 30 (MNA) – Iranian oil minister Bijan Zanganeh said on Monday that the government is focused on development of refineries and petrochemical companies in Makran region, in south eastern Sistan and Balouchestan province.
-
PRTC to compete with foreign rivals
TEHRAN, Sep. 29 (MNA) – The Petrochemical Research and Technology Company (PRTC) is ready to jockey with foreign rivals in terms of petrochemical research and technology, an official from the company said.
-
Amir Kabir petchem plant breaks polymer output record
TEHRAN, Sep. 29 (MNA) – Amir Kabir Petrochemical Plant broke its polymer production record by 30 percent in the first half of the current calendar year, which began on March 21.
-
Iran pushing to double petrochemical production by 2025
TEHRAN, Sep. 26 (MNA) – Nowadays, petrochemical industry is playing a crucial role in Iran's non-oil economy. According to official data, petrochemical exports constitute the second largest hard currency earner in Iran after crude oil.
-
Syrian minister says US sanctions had no adverse effect on Iran
TEHRAN, Sep. 25 (MNA) – Syria’s Minister of Petroleum and Mineral Resource Ali Suleiman Ghanem said that US sanctions did not leave any adverse effects on the Islamic Republic of Iran.
-
NPC backs domestic manufacturers: CEO
TEHRAN, Sep. 25 (MNA) – The CEO of the National Petrochemical Company (NPC), Behzad Mohammadi, named supporting domestic manufacturers and producers as the main policy of the state-run organization.
-
Iran to build PVM plants in western cities
TEHRAN, Sep. 24 (MNA) – Plans are under way to build propylene via methanol (PVM) projects in western Iran, a senior petrochemical official said.
-
NPC plans to produce diesel with euro-6 standard
TEHRAN, Sep. 24 (MNA) – Managing Director of Nouri Petrochemical Company Taghi Sanei said that his company is planning to produce euro-6 diesel this year.
-
Iranian petchem company to build HDPE production unit
TEHRAN, Sep. 24 (MNA) – The Petrochemical Research and Technology Company (PRTC) and the Tabriz Petrochemical Company (TPC) signed an agreement on building a heavy density polyethylene (HDPE) production unit at TPC.
-
Above $93 bn of investments to be made in petchem industry by 2025
TEHRAN, Sep. 22 (MNA) – A senior Iranian petrochemical official said that the country’s investment in the petrochemical industry would reach 93 billion dollars by 2025.
-
Iran petchem output to hit $25 bln by 2021: oil minister
TEHRAN, Sep. 22 (MNA) – The Iranian Oil Minister Bijan Zangeneh has said that the petrochemical output is increasing despite the US sanctions.
-
Petchem output two times above domestic need: Industry min.
TEHRAN, Sep. 21 (MNA) – Underlining the vitality of improving exports, Iranian Industry Minister Reza Rahmani announced on Saturday that current production level of petrochemicals in Iran is two times more than the domestic need for such products.
-
NPC considers maximized involvement of domestic firms
TEHRAN, Sep. 18 (MNA) – The National Petrochemical Company (NPC) is seeking to ensure the maximized involvement of domestic manufacturers and contractors in petrochemical projects, the NPC CEO said.
-
Iran's leading petchem plant improves ICIS ranking despite sanctions
TEHRAN, Sep. 16 (MNA) – The ICIS has ranked Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) 35th in ICIS Top 100 Chemical Companies for 2019.
-
Production capacity of petchem industry to increase up to 100mn tons by 2021
TEHRAN, Sep. 07 (MNA) – Production capacity of Iran’s petrochemical industry will increase up to 100 million tons by 2021.
-
Iranian petchem co. cuts forex costs by 70%
TEHRAN, Sep. 02 (MNA) – The CEO of an Iranian petrochemical plant said that the company had saved 70% of its expenses in foreign currencies after overhaul of 22 of its units.
-
Iranian petchem firms interested in using domestic catalysts
TEHRAN, Sep. 02 (MNA) – CEO of the Petrochemical Research and Technology Company (PRTC) says Iranian petrochemical companies are keen on consuming local catalysts for their operations to cut expenses.
-
Iran petchem plants equipped with waste management systems
TEHRAN, Aug. 28 (MNA) – All petrochemical companies operating in Iran have been equipped with waste management systems to minimize environmental issues, an official said.
-
Jam petchem plant boosts output by 15%
TEHRAN, Aug. 14 (MNA) – Jam Petrochemical Complex, one of the largest producers of olefins in the world, has boosted output by 15 percent, according to the company.
-
NPC to launch three petchem projects by yearend
TEHRAN, Aug 11 (MNA) – The National Petrochemical Company (NPC) of Iran will launch three new petrochemical projects by the end of the current fiscal year (March 2020), a senior official said.
-
PGPIC building $10b petchem projects in Iran
TEHRAN, Aug. 08 (MNA) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was currently building projects with a total worth of $10 billion in Iran.
-
Propylene production capacity to increase by 3m tons
TEHRAN, Jul. 29 (MNA) – Iranian deputy oil minister announced on Monday that having seven petchem projects implemented, the country’s propylene production capacity will be increased by three million tons by the end of the present Iranian calendar year (March 20, 2020).
-
Iran petchem output to hit 90 mt/y by 2022
TEHRAN, Jul. 12 (MNA) – Iran’s petrochemical production capacity is expected to reach 90 million tons per year from currently 64 mt/y by 2022, according to First Vice President Es'hagh Jahangiri.
-
Iran to develop new petchem hub in Mahshahr: official
TEHRAN, Jul. 10 (MNA) – The CEO of the National Petrochemical Company (NPC) said final decisions regarding the construction of a new petrochemical hub in the southwestern region of Mahshahr would be taken soon.