Iran Petrochemical Industry

  • Mokran Petrochem Complex Development Underway
    06/24/2018
    In line with efforts to establish the largest petrochemical hub in Chabahar in southern Iran, the construction of five gas to fuel and chemical production units —aka GTX—in Mokran Petrochemical...
  • Sixfold Rise in Zanjan Petrochem Plant Capital
    06/21/2018
    Zanjan Petrochemical Complex’s registered capital has experienced a sixfold increase in the past three years, which can contribute to Zanjan Province’s growth in acquiring modern technologies, the...
  • Masjed Soleyman petrochemical project's Phase 1 construction site
    06/19/2018
    The construction operation of the mega petrochemical project in the city of Masjed Soleyman in southern Khuzestan Province is in a good stage of development, the CEO of Masjed Soleyman...
  • NPC hopes to lift nominal output capacity to more than 120 million tons per annum by 2022.
    06/12/2018
    Exports of petrochemical products generate $13 billion in revenues per annum, managing director of Social Security Investment Company—aka SATA— said. “SATA’s petrochemical subsidiaries are...
  • Italy's Saipem, NPC Explore Grounds for Petrochem Coop.
    06/09/2018
    Italy-based Saipem, a leading oil and gas contractor, has expressed readiness to have an active presence in Iran's petrochemical ventures. According to NIPNA, the National Petrochemical Company's...
  • Petrochem Technology Transfer Talks With  Swiss Co. Casale
    06/03/2018
    Swiss company Casale SA and National Petrochemical Company explored grounds for providing Iranian companies with their much needed technology and licenses. According to NIPNA, NPC's official news...
  • Petrochemical Ventures  Awaiting Investments
    05/31/2018
    A total of 63 plans with a progress rate of 60-90% are under construction in the petrochemical industry, the head of board of directors at Iran’s Association of Petrochemical Industry Corporation...
  • Iran's nominal output capacity of petrochemicals stands at 62 million tons per annum.
    05/29/2018
    Researchers of Petrochemical Research and Technology Company, a subsidiary of National Petrochemical Company, have developed a catalyst for methanation of synthetic gas. "PRTC has launched a unit...
  • Petrochem Exports Earn  $1.1 Billion in 30 Days
    05/17/2018
    Iranian petrochemical production revenues amounted to $1.1 billion in the month ending April 20. According to Mehr News Agency, the petrochemical complexes' production amounted to 4.7 million tons...
  • Dutch Firm Eyes  Petrochem JVs
    05/14/2018
    Despite the possibility of the enforcement of new US sanctions against Iran's petrochemical industry, European firms are interested in launching joint ventures with Iranian enterprises on...
  • Energy Deals Signed With Raschig, Siemens
    05/10/2018
    Germany's Raschig and Iran's Research Institute of Petroleum Industry have signed a memorandum of understanding on gas sweetening towers. This is while another German major industrial company,...
  • Foreign Companies Eager to Make Petrochem Investment
    05/08/2018
    Companies from several countries, including Spain, France and China, have expressed readiness to launch joint ventures in Iran's lucrative petrochemical sector.  Spain's Mecanicas Bolea S.A. is...
  • NPC said it is essential to meet domestic petrochemical needs within a centralized framework.
    05/03/2018
    Renowned European companies have expressed readiness to cooperate in the development of Iran’s petrochemical industry, the National Petrochemical Company’s managing director said. “The UK-Based...
  • Kaveh Methanol Complex Starts Production
    05/01/2018
    Kaveh Methanol Complex in the Persian Gulf port city of Bandar Dayyer, Bushehr Province, has started methanol production, the National Petrochemical Company’s director for projects said on Sunday...
  • NPC Ready for Int'l Cooperation
    04/29/2018
    Iran's petrochemical industry is currently at a good global level and ready to expand cooperation with international firms, the head of National Petrochemical Company said. "The valuable industry...
  • Petrochem Export Volume, Value Increase in 2017
    04/28/2018
    Petrochemical exports experienced a 6% and 20% hike in volume and value respectively in 2017, production manager at the National Petrochemical Company said. "The country produced 54 million tons...
  • Petrochemical sector is Iran’s second most valuable industry after oil and gas.
    04/25/2018
    In line with the government's drive to increase the share of value-added exports, the National Petrochemical Company aims to expand the country's petrochemical production map.  "The completion of...
  • Petrochem Exports Hit  $12 Billion
    04/23/2018
    Iranian petrochemical exports exceeded 22 million tons in the last fiscal year that ended on March 21. According to Shana, domestic producers exported 22.41 million tons of petrochemical and...
  • Petrochem Output Hits 55m Tons
    04/22/2018
    Iran's 57 petrochemical complexes produced nearly 55 million tons of goods in 2017, of which 17.5 million tons, worth $9.2 million, were sold to domestic companies. According to NIPNA, the...
  • The petrochemical sector is Iran’s second-most valuable industry after oil and gas.
    04/19/2018
    Bid Boland Gas Refinery project in the city of Behbahan, Khuzestan Province, will play a significant role in the expansion of the downstream petrochemical sector, the head of National Petrochemical...
  • Petrochem Contracts on Agenda
    04/16/2018
    Entekhab Industrial Group, a major domestic manufacturer, is making efforts to finalize contracts for completing petrochemical projects with a combined capacity of over 3 million tons in the...
  • The venture is being constructed in Asalouyeh Styrene Park.
    04/11/2018
    In line with plans to complete the value-added chain in Sadaf Petrochemical Asalouyeh Company, a styrene-butadiene rubber (SBR) unit is being constructed in the company under the supervision of...
  • Major Petrochemical  Ventures Underway
    04/10/2018
    To boost petrochemical output capacity, improvement and optimization of 12 petrochem plants are underway in different provinces, production manager at the National Petrochemical Company said. "...
  • KRNPC Achieves Production Breakthrough
    04/09/2018
    Karoun Petrochemical Company (KRNPC) in Mahshahr Special Petrochemical Economic Zone in Khuzestan Province has produced a modified version of methylenediphenyl diisocyanate. The product, dubbed '...
  • Petrochem Exports to Earn $14b
    04/05/2018
    Iran is expected to fetch $14 billion in revenues from petrochemical exports in the current fiscal (started March 21), the head of National Petrochemical Company said on Wednesday. "Upon the...

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