Iran's Petrochemical Industry

Deputy Oil Min.:

Iran to produce 141mn tons of petrochemicals by 2027

TEHRAN, Jan. 03 (MNA) – Deputy Oil Minister said that Iran will produce 141 million tons of petrochemicals before the termination of 7th Five-Year Socioeconomic and Cultural Development Plan in 2027.

Iran to export $14bn petrochemicals by yearend: Official   

TEHRAN, Dec. 30 (MNA) – The Secretary-General of Petrochemical Industry Employers' Association predicted that Islamic Republic of Iran will export about $14 billion worth of petrochemicals before termination of current year (to end Mar. 20, 2022).

106% rise in operating income of Shiraz Petchem Plant

TEHRAN, Oct. 25 (MNA) – Shiraz Petrochemical Company announced its operating income in the first half of the current calendar year of 1400 (which began on March 21) to be 53,000 billion rials, up 106% year-on-year.

KHPC exports $20mn petchems in Q1

TEHRAN, Jul. 23 (MNA) – Khorasan Petrochemical Company (KHPC) exported about $20 million worth of its petrochemical products to foreign countries in the first three months of the current year (from March 21 to June 21).

Polymer exports from Bandar Emam rise 14%

TEHRAN, May 24 (MNA) – The exports of polymer products of Bandar Emam Petrochemical Plant increased by 14% in the previous Iranian calendar year (ended on March 21, 2021).

Oil refinery on fire in S Tehran

TEHRAN, Jun. 02 (MNA) – A dense smoke is rising from southern Tehran that can be seen even from the northern sections.

Iran becomes self-sufficient in benzene production

TEHRAN, Apr. 25 (MNA) – Iranian petrochemical companies now fully meet the domestic need for benzene and the imports of the chemical product will stop from now on, according to an Oil Ministry's statement on Sunday.

Iran to launch production lines for key PP, PE catalysts

TEHRAN, Apr. 11 (MNA) – The National Petrochemical Company is to inaugurate two plants for the production of polypropylene and heavy polyethylene catalysts in a few weeks, the NPC chief said.

Iranian knowledge-based firms to localize CCR catalyst

TEHRAN, Feb. 28 (MNA) – The CEO of Iran's Noori Petrochemical Plant referred to an agreement with domestic knowledge-based firms to localize the catalyst of "CCR" and announced the setting of a new record in aromatic items output by the company.

'Chabahar to become steel, petrochemical industry hub'

TEHRAN, Feb. 19 (MNA) – Director General of Chabahar Free Trade Zone (FTZ) said that Chabahar will become a hub of the steel and petrochemical industry in Iran due to its strategic position and the projects currently underway there.

Kish Island hosts 2nd international petrochemical exhibition

TEHRAN, Feb. 16 (MNA) – The second edition of a conference and exhibition on supporting domestic petrochemical industries, also known as PGPIC Forum 2021, opened on Kish Island in the Persian Gulf on Monday.

Zanganeh:

Iran’s annual petchem output to hit 100mn tons next year

TEHRAN, Feb. 07 (MNA) – Iranian Minister of Oil Bijan Namdar Zanganeh said the country’s petrochemical production capacity would reach 100 million tons per year in the next fiscal year that starts on March 21.

2021 IranPlast kicks off in Tehran

TEHRAN, Feb. 07 (MNA) – The fourth edition of the IranPlast International Exhibition kicked off on Sunday in Tehran's permanent fairground.

Kermanshah to become Iran's 3rd petchem hub

TEHRAN, Feb. 06 (MNA) – The western Iranian province of Kermanshah is set to become the third petrochemical hub of the country, according to Oil Minister Bijan Namdar Zanganeh.

Veep orders construction of petchem project in W Iran

TEHRAN, Feb. 06 (MNA) – First Vice President Es’hagh Jahangiri ordered the start of the construction operation of Eslamabad-e Gharb Petrochemical Project, in Kermanshah province, with an annual production capacity of 120,000 tons of polypropylene.

Iran among top petrochemical powers in region: Zanganeh

TEHRAN, Jan. 31 (MNA) – Iranian Oil Minister Bijan Zanganeh says the country’s petrochemical industry is among the most powerful ones in terms of technology, equipment and production rate.

Iran launches largest APG collection, processing facility

TEHRAN, Jan. 21 (MNA) – The Persian Gulf Bidboland Gas Refinery Project was officially inaugurated on Thursday by order President Hassan Rouhani via video conference, in the presence of Oil Minister Bijan Namdar Zanganeh.

Iran able to manufacture over 85% of oil industry equipment

TEHRAN, Jan. 18 (MNA) – Secretary of Iranian Oil Industry Equipment Manufacturers Association said that more than 85 percent of oil industry parts and equipment are presently manufactured domestically by expert engineers.

Tehran to host IRAN Oil Show on Jan. 22-25

TEHRAN, Jan. 09 (MNA) – The 25th edition of Iran International Oil, Gas, refining & Petrochemical Exhibition dubbed “IRAN Oil Show” will be held at Tehran Permanent International Fairgrounds on Jan. 22-25, 2021.

Oil, gas industry suffered most pressure under US sanctions

TEHRAN, Jan. 05 (MNA) – Iran’s First Vice President Es’hagh Jahangiri said the Iranian oil and gas industry suffered the most pressure under the US embargo period.

Iranian company exports 1st cargo of MEG to Istnbul by train

TEHRAN, Dec. 31 (MNA) – The first export consignment of mono ethylene glycol (MEG) produced by Shazand Petrochemical Co. was exported from Iran's Arak to Istanbul by train on Wednesday.

Iran to inaugurate eight petrochemical projects by March

TEHRAN, Dec. 28 (MNA) – Iran is planning to launch eight petrochemical projects by the end of the current Iranian calendar year ( March 20, 2021), a deputy oil minister said.

Iran petchem revenues to reach $25b in 2021

TEHRAN, Dec. 24 (MNA) – Iranian oil minister announced on Thurs. that the country's petrochemical income is expected to reach $25 billion at the end of the next Iranian calendar year (March 20, 2022).

Iran launches major petrochemical projects

TEHRAN, Dec. 24 (MNA) – Iran launched three major petrochemical projects, which will bring its petrochemical production capacity to nearly 77 million tons per year.

By: Ebrahim Fallahi

Indigenizing petchem catalysts to ease surge in production

TEHRAN, Dec. 14 (MNA) – As the Iranian economy is moving away from reliance on external sources towards self-sufficiency, many of the country’s economic sectors are taking serious measures for meeting their technological needs from domestic sources.

Despite sanctions:

Iran’s petchem production capacity increases by 10mn tons

TEHRAN, Nov. 30 (MNA) – Production capacity of petrochemicals since the beginning of the current year (started March 21, 2020) has increased by 10 million tons.

Iran petchem plant operates at 104% of capacity

TEHRAN, Nov. 26 (MNA) – Martyr Tondgouyan Petrochemical Plant, has operated beyond expectations by producing 107,000 tons of petrochemicals which are 104 percent of its installed capacity in the period between October 21 and November 20, 2020.

Lordegan petchem plant on verge of official inauguration

TEHRAN, Nov. 26 (MNA) – The CEO of Lordegan Urea Chemical Company announced the complete commissioning of his complex by Iranian experts, saying that Lordegan Petrochemical Plant will generate about $240 million annually for the country.

Iran produces 35mn tons of petrochemicals in seven months

TEHRAN, Nov. 23 (MNA) – Islamic Republic of Iran produced 35 million tons of petrochemical products in the seven months of the current Iranian calendar year (from March 21 to Oct. 22).

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.