Iran Petrochemical Industry

Iran is one of the largest producers of petrochemicals supplying the global downstream industry vital raw material, and it would be difficult to find alternatives for such quality products, a…

Iran's petrochemicals output will increase 70% in two years and revenues from the sector will rise by 46% by 2021, managing director of the National Petrochemical Company said. “Nominal…

The US sanctions on Iran’s oil sector has had no influence on petrochemical exports because the mechanism defined for exporting petrochemicals differs from crude oil export, the secretary…

Work is in progress at the Miandoab Petrochemical Complex in West Azarbaijan Province and production is slated to begin in the second half of the current fiscal that started in March, head of…

The National Petrochemical Company's export revenues reached $10.6 billion in the last fiscal year (ended March 20), said the head of Nouri Petrochemical Company in southern Bushehr Province. "…

The second phase of Damavand Petrochemical Plant and the first phase of Bushehr Petrochemical Complex will come on stream by July in Pars Special Economic Energy Zone in Asalouyeh, Bushehr…

Iranian Investment Petrochemical Group will expand its operations and help complete the value chain of petrochemical products, the managing director, Rasoul Ashrafzadeh, said Saturday.

The Persian Gulf Petrochemical Industries Company is looking closely at ways to add value to its output and is building petrochemical plants estimated to cost $8.5 billion, the managing director…

Domestic companies are facing chronic shortages of polyethylene terephthalate, commonly known as PET because the key raw material is being exported in bigger volumes.  According to data…

Construction of a new petrochemical complex in Andimeshk, Khuzestan Province, started at the weekend. The project seeks to develop the value chain of methane as in the first phase. Annual…

Expansion of the petrochemical sector has continued as planned and $24 billion has been invested in development projects since 2014, National Petrochemical Company's deputy for investment said…

The first phase of Masjed Soleyman Petrochemical Company's ammonium and urea units development plan in Khuzestan Province has registered 90% work-in-progress and is expected to come on stream in…

Ethane production capacity in Asaluyeh in the southern Bushehr Province will rise by 2 million tons per annum upon the inauguration of four new phases of the South Pars Gas Field in Persian Gulf…

Domestic petrochemical output reached 44.8 million tons in the first ten months of the current fiscal (ending in March) and exports generated over $9.7 billion. Twenty petrochemical plants in…

Sixty-three petrochemical plants have come on stream over the past 40 years and production and export of a variety of petrochemicals have grown. According to National Petrochemical Company data…

Bandar Imam Petrochemical Company in Khuzestan Province exported 1.2 million tons of petrochemicals in the first 10 months of the current fiscal (started March 2018), the managing director said…

A private company has invested to develop Abarkouh gas-to-liquids (GTL) plant in Yazd Province, the governor said. "Saman Faraz Gheshm Co., one of the main suppliers of oil and gas equipment in…

Construction of Lordegan Petrochemical Company in the western province of Chaharmahal and Bakhtiari Province has registered 94% progress and is expected to come on stream by next fall, the…

Two petrochemical companies in southern Bushehr Province, Kaveh Methanol Complex and the first phase of Bushehr Petrochemical Complex, will be inaugurated by the end of the current fiscal in…

Petrochemical export revenue in the first nine months of the current fiscal ending in March reached $9 billion, the National Petrochemical Company said on Saturday.  The revenue is…

National Petrochemical Company output will increase 40% by 2021, Behzad Mohammadi, the new head of the company said Saturday. "The present annual production is 54 million tons and is programmed…

India’s biggest refiner Indian Oil Corp Ltd said Wednesday that Iran may still invest in a refinery expansion project at one of its subsidiaries. Indian Oil chairman Sanjiv Singh said Iran has…

Export from Khorasan Petrochemical Company increased by 12% in the first nine months of the current fiscal (March-December) compared to the corresponding period last year, the managing director…

Stable supply of natural gas as feedstock to petrochemical plants will continue as schedule, production manager of the National Petrochemical Company said.

Water is a heavily subsidized commodity in Iran and while urban consumers pay 43% of its real price, only 23% of the production cost is paid by consumers in rural regions, says the director of…