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petchem Archives - Iran News Daily
Iran’s Petchem Output Capacity to Exceed 100 mln Tons by March: NPC Chief 20 Apr 2024

Iran’s Petchem Output Capacity to Exceed 100 mln Tons by March: NPC Chief

Highlighting the development of Iran’s petrochemical industry, the chief executive of the National Petrochemical Company (NPC) said the production capacity of the industry will reach more than 100 million tons by the end of the current Iranian calendar year (March 20, 2025).

‘Needs, capacities of downstream petchem industries to be identified in Iran Plast expo’ 11 Sep 2023

‘Needs, capacities of downstream petchem industries to be identified in Iran Plast expo’

The managing director of Iran’s National Petrochemical Company (NPC) said on Saturday that the needs and export capacities of downstream petrochemical industries are going to be identified in the 17th International Exhibition of Plastic, Rubber, Machinery, and Equipment (Iran Plast 2023).

Iran Petchem Industry Reaches $50 Trade 03 May 2023

Iran Petchem Industry Reaches $50 Trade

The CEO of Iran Social Security Investment Company (SSIC), also known by its Persian acronym SHASTA, announced a 50 billion dollar trade in the country's petrochemical industry in the last five years.

Major Surge Reported in Petchem, Oil Products Exports 16 Feb 2023

Major Surge Reported in Petchem, Oil Products Exports

Iran reported major increases in exports of certain petrochemicals and oil products in the calendar year that started in late March 2022.

Petchems Exports Predicted to Reach $17b 16 Nov 2022

Petchems Exports Predicted to Reach $17b

Secretary General of the Petrochemical Industry Employers Association Ahmad Mahdavi Abhari has predicted the petrochemical sector would inject some $15b into the Forex Management Integrated System (locally known as NIMA) and the sector would have $17b of exports by the yearend.

Petchem parks to create jobs for 20,000 people: Oji 08 Nov 2022

Petchem parks to create jobs for 20,000 people: Oji

Iranian Oil Minister Javad Oji has said 13 petrochemical industry parks are going to be constructed in the country which will create job opportunities for over 20,000 people, Shana reported.

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.