Iran's Petrochemical Industry

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.

Envoy:

SA ready to expand coop. with Iran in petrochemical industry

TEHRAN, Sep. 18 (MNA) – Saudi Arabia's new ambassador to Iran Abdullah bin Saud Al-Anazi says that his country is ready to expand cooperation with the Islamic Republic of Iran in the petrochemical industry.

Iran, Chinese consortium sign petrochemical MoU

TEHRAN, Sep. 05 (MNA) – Iran signed a memorandum of understanding (MoU) with a Chinese consortium on providing technical know-how and implementing a project of Fanavaran Petro Olefin Company.

Raeisi:

Gachsaran project symbol of turning threats into opportunity

TEHRAN, Jul. 17 (MNA) – The construction of the Petrochemical factory of Gachsaran City by Iranian experts is an example of resistance against sanctions, the Iranian president said.

Iran launching $1.43bn petrochemical plant in Gachsaran

TEHRAN, Jul. 11 (MNA) – Iran is launching a major petrochemical plant that relies on home-grown equipment for more than 80% of its needs, according to a senior official in the state-controlled Persian Gulf Petrochemical Industries Company (PGPIC).

Oil minister:

Iran self-sufficient in building refinery, petchem plants

TEHRAN, Jun 29 (MNA) – Iran has become self-sufficient in constructing refinery and petrochemical plant, and also developing oil and gas fields, said Oil Minister Javad Owji.

Makran region to become Iran’s 3rd petrochem hub

TEHRAN, Jun. 27 (MNA) – Makran region will become 3rd petrochemical hub of Iran in the near future, said the managing director of the Negin Makran Petrochemical Development Company.

Iranian firms expand to Venezuela’s petrochemical sector

TEHRAN, Jun. 14 (MNA) – Iran will renovate a petrochemical plant in Venezuela as part of a contract that expands the country’s presence in the South American country’s oil and gas sector.

Ambassador:

Iran petrochemical products now known across globe

TEHRAN, Jun. 11 (MNA) – Iran’s ambassador to Russia said on Sunday that the country’s petrochemical products are now known across the globe.

NPC chief:

Iran petrochemical packages ready for foreign investment

TEHRAN, May 27 (MNA) – Iran’s National Petrochemical Company (NPC) managing director said the country’s packages are ready for foreign investment.

Iran’s petchem output to rise by 14.2% until March

TEHRAN, May 03 (MNA) – Iran has plans to increase its total annual production of petrochemicals by some 14.2% in the calendar year to late March, according to a senior official in the state-run National Petrochemical Company (NPC).

Iran to open 10 petrochemical projects this year: Official

TEHRAN, Apr. 24 (MNA) – Managing Director of National Petrochemical Company said that 10 petrochemical projects will be inaugurated in the country this year.

Iran’s Zagros Petrochemical among largest methanol producers

TEHRAN, Mar. 27 (MNA) – Zagros Petrochemical Company in southern Iran is among the five largest methanol producers in the world.