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petchem Archives - iran news daily iran news now
Two Major Petchem Projects Opened 27 Jun 2020

Two Major Petchem Projects Opened

Iran opened two major petchem projects in northwest and center of the country to add some 25 million tons of capacity to its annual output.

Increase in gas output can tackle feedstock shortages in Iran industry 04 Apr 2020

Increase in gas output can tackle feedstock shortages in Iran industry

The steady increase in gas production of Iran has provided the domestic petrochemical players with the opportunity to diversify their feedstocks.

Iran ready to establish new petchem hub 11 Jun 2019

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.

Petchem sanctions, political theatrics: CEO 11 Jun 2019

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.

Petchem exports hit $9.7bn in 10 months 13 Feb 2019

Petchem exports hit $9.7bn in 10 months

 Statistics of the National Petrochemical Company (NPC) showed that more than 17 million tons of petrochemicals, valued at over $9.739 billion, were exported from the country in 10 months of the current Iranian year (March 21 – Jan. 21). Production volume of petrochemical complexes from March 21, 2018 to Jan. 21, 2019 hit 44.8 million […]

Petchem exports at over $3b in a quarter 24 Jul 2018

Petchem exports at over $3b in a quarter

Iran exported 5.356 million tons of petrochemical products worth more than $3.158 billion during the three-month period from the beginning of current Iranian calendar year (March 21), IRIB reported citing the data released by National Petrochemical Company (NPC). The country produced over 13.26 million tons of petrochemicals during the first quarter, NPC data showed. As […]

Petchem output hits 13.2m tons in a quarter 07 Jul 2018

Petchem output hits 13.2m tons in a quarter

TEHRAN- Iran produced 13.2 million tons of petrochemical products during the three-month period from the beginning of current Iranian calendar year (March 21), Qodratollah Farajpour, director for production control in National Petrochemical Company (NPC), announced. As NPC Managing Director Seyed Reza Norouz-Zadeh has informed, 60 petrochemical projects with the nominal capacity of 65.4 million tons […]

Petchem exports at over $1.1b in a month 17 May 2018

Petchem exports at over $1.1b in a month

TEHRAN- Iran exported over 1.99 million tons of petrochemical products worth more than $1.167 billion in the first month of current Iranian calendar year (March 21-April 20), Shana reported citing the data released by National Petrochemical Company (NPC). The country produced over 4.7 million tons of petrochemicals during the first month, NPC data showed. Production […]

Annual petchem exports exceed $12b 23 Apr 2018

Annual petchem exports exceed $12b

TEHRAN- Iran exported over 22.41 million tons of petrochemical products worth more than $12 billion in the past Iranian calendar year (ended on March 20), IRIB news reported citing the data released by National Petrochemical Company (NPC). Exports from Assalouyeh and Mahshahr petrochemical zones, both in southwest of the country, stood at 11.423 million tons […]

Petchem exports at over $7b in 8 months 28 Feb 2018

Petchem exports at over $7b in 8 months

TEHRAN- Iran exported 14.46 million tons of petrochemical products worth $7.397 billion during the first eight months of the current Iranian calendar year (March 21-November 21), Shana reported. The country’s petrochemical exports stood at 1.5 million tons valued at $858 million in the eight calendar month of Aban (October 23-November 21). In July, Ali-Mohammad Bossaqzadeh, the […]