Iran's Petrochemical Industry

Iran’s non-oil revenues exceeds oil exports: MP

TEHRAN, Feb. 09 (MNA) – Spokesperson of the industries and mines commission of the Iranian Parliament, Vali Maleki, said that Iran’s non-oil revenues have surpassed the amount earned by oil exports.

Major ring disbanded for disrupting petrochemical market

TEHRAN, Feb. 03 (MNA) – The Iranian intelligence forces have dismantled a major network of dealers who were disrupting the country’s petrochemical market.

Hengam petchem plant 70% complete

TEHRAN, Jan. 29 (MNA) – The construction project of Hengam Petrochemicals Plant has so far made 70% physical progress and is continuing as planned, the facility’s CEO said.

Iran kicks off construction of a petrochemical refinery in Oman Sea

TEHRAN, Jan. 27 (MNA) – Projects Manager of the National Petrochemical Company (NPC) Ali Mohammad Bosaghzadeh made the above remark on Sun. Jan. 27 and said, “construction operation of a large petrochemical refinery complex started in Jask Area (coast of Oman Sea).

Zanganeh says oil industry can double petchem output to $40bn

TEHRAN, Jan. 20 (MNA) – Minister of Petroleum Bijan Zanganeh said Sun. that the oil industry has the capability to double the country’s petrochemical output capacity to $40 billion.

RIPI, domestic firm to commercialize catalysts

TEHRAN, Jan. 17 (MNA) – The Research Institute of Petroleum Industry (RIPI) and Iran Exir Novin Farayand Asia Company on Wednesday signed a deal on manufacturing catalysts used for residue crude desulphurization (RCD) and hydrocracking.

Latest technical savvy needed for petchem development: Official

TEHRAN, Jan. 16 (MNA) – An official with the National Petrochemical Company (NPC) said the industry needed the state-of-the-art technologies for development.

Iran to launch 2 petchem plants by March

TEHRAN, Jan. 13 (MNA) – Kaveh Petrochemicals Plant and the first phase of Bushehr petrochemicals facility are scheduled to come on-stream by the end of the current Iranian calendar year to March 20.

India can look at investment in Iran’s energy sector: Zarif

TEHRAN, Jan. 09 (MNA) – Foreign Minister Mohammad Javad Zarif says Iran welcomes India’s investing in its key energy sector.

Sanctions no hurdle to petchem productivity: NPC CEO

TEHRAN, Jan. 06 (MNA) – The CEO of the National Petrochemical Company (NPC) said the sanctions and the current economic pressure on Iran could not throw a wrench in the productivity of petrochemical plants in the country.

Gen. Bagheri:

Persian Gulf Star Refinery symbol of self-confidence, high capability of Iranian youth

TEHRAN, Jan. 02 (MNA) – Chief of General Staff of Iranian Armed Forces Bagheri said that Persian Gulf Star Refinery is the symbol of self-confidence and high potential of Iranian young generation.

Iran petchem output to hit over 100 mt/y by 2025

TEHRAN, Jan. 02 (MNA) – The CEO of the National Petrochemical Company (NPC) said Iran’s petrochemical production capacity would exceed 100 million tons per year once the sector completed its under-construction projects by 2025.

NPC preparing to issue bonds for petchem projects: CEO

TEHRAN, Dec. 25 (MNA) – Iran’s National Petrochemical Company (NPC) is preparing to issue bonds for financing petrochemical projects, NPC CEO said Monday.

NPC focused on diversification of petchem output: CEO

TEHRAN, Dec. 24 (MNA) – The CEO of the National Petrochemical Company (NPC) said the company, under his management, was mainly focused diversification of the petrochemicals supplied in the industry.

2nd Intl. Exhibition of Chemical Industry, Lab. Equipment kicks off in Tehran

TEHRAN, Dec. 05 (MNA) – The 2nd Specialized International Exhibition of Chemical Industry and Laboratory Equipment kicked off its work at the venue of Shahr-e Aftab International Exhibition this morning in the presence of representative agencies from nine countries and 85 domestic companies.

Iran foreign trade surplus hits $ 2 billion during first 8 months

TEHRAN, Dec. 02 (MNA) – Iran Customs Administration (IRICA) has announced that Iran’s foreign trade surplus hit $ 2 billion during the first eight months of Iranian year 1397 (beginning on March 21, 2018 and ending on November 21, 2018.)

Intelligence forces dismantle network involved in smuggling of petrochemicals

TEHRAN, Nov. 18 (MNA) – The Iranian intelligence forces have dismantled a big network involved in the smuggling of petrochemicals.

Petrochemical exports surpass $6 bn in H1

TEHRAN, Oct. 16 (MNA) – Iran exported $6.391 billion worth of petrochemical products in the first six months of the current Iranian year (March 21-Sept. 22), up 14.74% in comparison with the similar period of last year.

18 petrochemical projects underway in Chabahar, Qeshm

QESHM, Oct. 15 (MNA) – A senior energy official said the government is planning to launch 18 GTX units to convert natural gas to propylene in Chabahar and Qeshm regions in a bid to increase the share of petrochemical products in the country’s value-added chain.

Iran's export of petrochemicals up 24% in H1

TEHRAN, Oct. 06 (MNA) – Iran exported 15.451 million tons of petrochemical and polymer products $7.435 billion worth in the first six months of the current fiscal year (March 21-Sept. 22), according to data released by National Petrochemical Company (NPC).

Petrochemicals at forefront of countering sanctions: Rouhani

TEHRAN, Sep. 04 (MNA) – Iranian President Hassan Rouhani said Tue. that the country’s oil, gas and petrochemicals are at the forefront of countering the enemies’ economic sanctions against Iran.  

Rouhani opens 3 giant petrochemical projects in Asaluyeh

TEHRAN, Sep. 04 (MNA) – Iranian President Hassan Rouhani inaugurated three petrochemical giant projects in Asaluyeh of Bushehr province, on Tuesday.

Rouhani arrives in Asaluyeh to inaugurate projects

TEHRAN, Sep. 04 (MNA) – President Rouhani, at the head of a high-ranking delegation, landed in Persian Gulf Intl. Airport in Asaluyeh, Bushehr province, Tuesday morning in order to inaugurate three giant petrochemical projects.

IRICA:

Considerable 23% nonoil export growth in SP

TEHRAN, Aug. 26 (MNA) – Islamic Republic of Iran Customs Administration (IRICA) reported that nonoil export in South Pars Gas Field registered a significant 23 percent growth last year.

Oil min. confirms official exit of French Total from Iran

TEHRAN, Aug. 20 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said Mon. that the French Total has left South Pars project, adding that negotiations are underway to find a replacement.

Deputy oil min.:

Iran’s petrochemical industry ‘unsanctionable’

TEHRAN, Aug. 15 (MNA) – CEO of National Petrochemical Company (NPC) Reza Norouzzadeh said that petrochemical industry of the country is ‘unsanctionable’ and petrochemicals in the country will be exported to the global markets according to the scheduled program.

Official says liberal policies not suitable for economic war

TEHRAN, Aug. 11 (MNA) – Parliament Planning and Budget Commission Spokesman Mohammad-Mehdi Mofatteh said that liberal policies are not ‘appropriate and suitable’ for economic war.

Forex drops to 8074t/1$ in secondary currency market

TEHRAN, Aug. 07 (MNA) – Iranian petrochemical plants, major suppliers of foreign currency in the country, sold their currency as low as 80740 rials/$1 in the secondary market on Tuesday.