Iran's Petrochemical Industry

Iran to be pioneer cheap gasoline, petchem products producer

TEHRAN, Oct. 07 (MNA) – Researchers at Amirkabir University of Technology have succeeded to produce gasoline and petrochemical products with natural gas via a very cheap method.

6% growth in petrochemical production in 5 months

TEHRAN, Sep. 07 (MNA) – The output of Iranian petrochemical complexes in the first five months of the current Iranian calendar year (March 20- August 21) increased by six percent compared to the previous year’s same period.

BY: Ebrahim Fallahi

Oil, petchem industries should target domestic market

TEHRAN, Sep. 07 (MNA) – Iran has managed to develop its oil, gas, and petrochemical industries to a significantly high level so that despite all the pressures, the country now stands among West Asia’s top producers.

Rouhani inaugurates important oil, gas projects

TEHRAN, Aug. 24 (MNA) – Iranian President Hassan Rouhani inaugurated three major oil, gas and petrochemical projects via videoconference on Monday.

Iran to inaugurate three giant oil, gas projects

TEHRAN, Aug. 24 (MNA) – Three giant oil , gas and petrochemical projects will be inaugurated on Monday in the presence of Iranian President Hassan Rouhani through video conference.

Iran's 1st floating solar power plant inaugurated

TEHRAN, Aug. 17 (MNA) – Relying on domestic capacities and expertise, Mahabad Petrochemical company, in West Azarbaijan Province, has put Iran's first floating solar power plant online.

Zanganeh:

Value of petrochemical products to reach $ 37bn by March 2024

TEHRAN, Aug. 06 (MNA) – Iranian Oil Minister said that with the operation of 27 petrochemical projects by March 21, 2021and with an investment of $17 billion, the total value of petrochemical products will reach $37 billion by March 21, 2024.

Rouhani lauds launching petchem projects despite sanctions

TEHRAN, Aug. 06 (MNA) – Iranian President Hassan Rouhani lauded the inauguration of three major petrochemical projects with a total investment of 1.6 billion dollars as a major step towards development despite sanctions.

Iran petchem revenues to increase 80% in 2020

TEHRAN, Aug. 04 (MNA) –Referring to the 60% growth of petrochemical capacity, the Deputy Oil Minister said that the revenue of the oil industry will increase to 80% in 2020.

Pres. Rouhani:

Petrochemical industries playing key role in non-oil exports

TEHRAN, Jul. 27 (MNA)- Iranian President Hassan Rouhani said that petrochemical and steel industries are playing a key role in the field of production and non-oil export in the country.

Intl. conf. on polyethylene value chain to be held in Tehran

TEHRAN, Jul. 15 (MNA) – The Iranian capital is to host the first international conference on polyethylene value chain with a focus on introducing new technologies, grades and business markets on October 3-4, 2020.

Iranian petchem plant aiming to export heavy aromatics

TEHRAN, Jul. 08 (MNA) – According to the CEO of Nouri Petrochemical Company, the plant is preparing to export heavy aromatics in the coming months.

Current year golden year of Iran's petchem industry

TEHRAN, Jul. 01 (MNA) – The deputy minister of oil informed that considering 17 projects that are planned to come online in the current year, using 11.5 billion dollars of investments, this year would be a golden year for the Iranian petrochemical industry.

NPC plans to diversify butane chain items

TEHRAN, Jun. 22 (MNA) – The first project in the butane chain in Mahshahr will be ready for operation with the aim of commercial production of three important and new items, parallel with planning for realization of the second petrochemical leap in Iran.

Iran plans to hike propylene output to 3mn tons per annum

TEHRAN, Jun. 22 (MNA) – Iran’s deputy oil minister for petrochemical affairs said the country’s propylene output is set to reach 3 million tons per year once new projects come online in the country.

Tehran to host intl. conference on polyolefin pipes on Monday

TEHRAN, Jun. 14 (MNA) – The first international conference on polyolefin pipes will be held by Jam Petrochemical Company in the form of specialized panels and sideline exhibitions.

Shiraz to host 14th Intl. Oil, Gas, Petrochemical Exhibition

TEHRAN, Jun. 08 (MNA) – The 14th International Exhibition of Oil, Gas, and Petrochemical Industry will be held in Shiraz, Fars province in late June.

Iran’s petchem production capacity to increase by 107k tons

TEHRAN, Jun. 07 (MNA) – The production capacity of country’s petrochemical industries will be increased by 107,000 tons after launching four new petrochemical projects.

Petchem production capacity to increase 35% in current year: official

TEHRAN, Jun. 03 (MNA) – The Deputy Oil Minister for Petrochemical Affairs Behzad Mohammadi said that the operation of 16 petrochemical projects in the current year will increase the production capacity of the petrochemical industry by 35 percent at large.

Iran eyes 100mn-ton petchem output till March 2021: Zanganeh

TEHRAN, May 27 (MNA) – Iranian Oil Minister Bijan Namdar Zanganeh said the country’s petrochemical production capacity is planned to cross 100 million tons per year by the end of the current fiscal (March 2021).

Iran’s March-May petchem output up 6%

TEHRAN, May 17 (MNA) – The director of production control at the National Petrochemical Company (NPC) said, the country's petrochemical complexes achieved a 6% increase in production in the current fiscal (started on March 20) compared to the same period last year.

US imposes new round of sanctions on Iran amid COVID-19 outbreak

TEHRAN, Mar. 18 (MNA) – Washington announced a fresh round of sanctions on Tehran as a continuation of its so-called ‘maximum pressure’ campaign while Iran is grappling with the coronavirus outbreak.

Iran’s petchem export up by 5% in 10 months

TEHRAN, Mar. 02 (MNA) – Spokesman of Iran's Oil, Gas and Petrochemical Products Exporters' Union, Seyyed Hamid Hosseini said that Iran’s export of petrochemical products increased 5 percent in the 10 months of the current year (from March 21, 2019 to Jan. 20, 2020) as compared to the last year’s corresponding period.

Production of petrochemicals at 2% growth in 10 months

TEHRAN, Feb. 25 (MNA) – Production volume of chemical and petrochemical products registered a 1.9 percent growth in 10 months of the current year (from March 21 to Jan. 20).

Iranian manufacturers indigenize strategic petchem equipment

TEHRAN, Feb. 20 (MNA) – A member of the Iranian Petroleum Industries Equipment Manufacturers Association (IPIEMA) said Iranian manufacturers had successfully localized building of compressors and extruders in the petrochemical industry.

Petropars to develop Forouzan oilfield

TEHRAN, Feb. 17 (MNA) – The CEO of the Petropars Group said his company had won a tender to develop a production, maintenance and enhancement project in Forouzan Oilfield.

Iran’s petchem output to hit 100mn tons by 2021: official

TEHRAN, Feb. 16 (MNA) – The Managing Director of Investment Department of the National Petrochemical Company (NPC) Hossein Alimorad said that Iran’s petrochemical output will hit 100 million tons by the end of 2021.