Iran ready to establish new petchem hub
The National Petrochemical Company (NPC) signed a memorandum of understanding with the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) for establishing a new petrochemical complex in Hormozgan Province adjacent to Persian Gulf waters.
160 foreign companies to attend Iran Agrofood 2019
The 26th International Exhibition of Food, Food Technology and Agriculture of Iran (Agrofood 2019), due to be held on June 18-21 at the Tehran Permanent International Fairgrounds, will be hosting 160 foreign companies, IRIB reported.
NPC, IMIDRO agree to accelerate petchem projects in southern Iran
The National Petrochemical Company (NPC) and the Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO), have reached an agreement to facilitate the construction of several petrochemical projects in southern Iran.
Trump’s ‘economic war’ cause of all tensions: Zarif
Iranian Foreign Minister Zarif said his German counterpart Heiko Maas has concurred with him that the cause of all tensions in the region is US President Trump's 'economic war'.
Petchem sanctions, political theatrics: CEO
The CEO of the National Petrochemical Company (NPC) said imposition of sanctions by the US on Iran’s petrochemical sector was “political theatrics” which would not impact Iran’s petrochemical output and exports much.
¥13.6bn Chinese LC ready to be used for Tehran-Isfahan high speed rail
Deputy Head of the Islamic Republic of Iran Railways (RAI) announced on Monday that the opened ¥13.6 billion ($2.37 billion) Chinese Letter of Credit (LC) is ready to be utilized for completion of Tehran-Isfahan high speed rail.
Omani airline launches direct flight route to Tehran
Salam Air, Oman's first budget airline, has launched its first flight to the Iranian capital Tehran.
Non-oil exports hit $8.4b in 2 months, up nearly 9% yr/yr
The value of Iran’s non-oil exports reached $8.4 billion in the first two months of the current Iranian calendar year (March 21-May 21), up 8.9 percent compared to the last year’s same period, IRNA reported on Sunday quoting the acting head of TPO.
Iran doesn’t intend to leave OPEC despite tensions: Zanganeh
Iranian Oil Minister Bijan Namdar Zanganeh said the country doesn’t have any plans to leave OPEC despite the tensions that some fellow-members are creating in the organization, Shana reported on Saturday.
Domestic factories to manufacture 1,000 passenger wagons
The managing director of the Islamic Republic of Iran Railways (RAI) announced the endorsement of a 20-trillion-rial-agreement (about $151 million) which will let domestic companies to manufacture 1,000 passenger wagons of various types.