US delays planned petchem sanctions on Iran: Report
Tasnim – The Trump administration has delayed its new sanctions on Iran’s petrochemical sector, said people familiar with the matter. The US…
Tag Archives: Iran’s petchem
Latest technical savvy needed for petchem development: Official
MNA – An official with the National Petrochemical Company (NPC) said the industry needed the state-of-the-art technologies for development. According to NPC,…
Zarif welcomes India’s investment in Iran’s petchem industry
IRNA – Iranian Foreign Minister Mohammad Javad Zarif said that Tehran and New Delhi are discussing India’s investment in Iranian gas and…
Iran to diversify petchem portfolio
SHANA – Official data indicates that petrochemical exports constitute a significant share in Iran’s non-oil exports. Iran’s Petroleum Ministry has over recent…
Iran mulls building phase II of Mahshahr Petzone
SHANA – The National Petrochemical Company (NPC) is planning to complete the value chain in the second phase of Mahshahr Petrochemical Zone…
Iran petchem targets value chain completion
SHANA – Completion of value chain, preventing sales of raw resources and materials and diversity in the production mix are keywords which…
Asian consortium plans major investment in Iran petchem sector
SHANA – A major Asian consortium is planning to invest 7 billion dollars in Iran’s petrochemical industry, an official with the National…
Countdown begins for launching Marjan petchem plant
SHANA – Construction of Marjan Petrochemical Project is nearing completion and the plant will soon become commercially operational. The cryogenic air separation…
Scarce petchems surge prices of plastics in Iran
Press TV – A shortage of raw materials has reportedly tripled the prices of plastic products in Iran with traders blaming a…
Win-win policy in petchem sector
SHANA – Amid anti-Iran policy of US President Donald Trump, who is seeking to impose secondary sanctions on Tehran following his withdrawal…
Iran exports some $3.1bn worth of petrochemical products in 3 months
IRNA – Iran exported some 5.356 million tons of petrochemical products valued at $3.158 billion dollars in the first quarter of the…
Iran petchem output at 13.2 mt in Q1
Iran’s petrochemical facilities processed as many as 13.2 million metric tons of petrochemical products over the first three months of the current…
Amir Kabir petchem plant to launch €900m NGL project
SHANA – Iran’s Amir Kabir Petrochemical Plant has planned to launch a natural gas liquids (NGL) project, NGL 2300, with an investment…
Phase I of Masjed Soleyman petchem project 80% complete
SHANA – The first phase of a major petrochemical project in the southwestern city of Masjed Soleyman has progressed 80% so far.…
Italian major seeks toehold in Iran petchem projects
SHANA – Italy’s Saipem has signaled readiness to join petrochemical projects in Iran. Senior executive from Italy’s energy major Saipem voiced the…
Petchem development can ensure GDP growth: MP
SHANA – A member of the Iranian parliament said the petrochemical industry can lead to the growth of GDP given its massive…
NPC ready to support petchem investors, licensors
SHANA – The CEO of National Petrochemical Company (NPC) voiced NPC’s support for petrochemical investors and licensors. Addressing a conference on Iran’s…
Iran holds petrochemical industry conference in Paris
IRNA – Iran’s second petrochemical conference on upstream and downstream industries dubbed ‘development and investment’ was held in Paris Continental Hotel on…
Iran, China ink major petchem deal
SHANA – Iran’s National Petrochemical Company (NPC) and the China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MoU)…
Jump in petchem output, exports
Iran Petroleum – The removal of international sanctions on Iran in the aftermath of the implementation of Iran’s 2015 nuclear deal with…
Attracting FDI to petchem sector, priority for firms: MP
SHANA – A member of the Iranian parliament says attraction of foreign direct investment (FDI) in the petrochemical sector must be a…
Iran petchem export revenues above $14b in new calendar year: CEO
SHANA – The CEO of National Petrochemical Company (NPC) says Iran’s petrochemical exports are expected to fetch the country over 14 billion…
Iran petchem plant accredited by DAkkS
SHANA – The quality control laboratory of Iran’s Jam Petrochemical Company has been awarded the International Certificate of Validity (DAKKS) from Germany.…
Iran 10-month petchem output crosses 44.2mt
SHANA – The petrochemical plants operating in Iran supplied 44.2 million tons of petrochemical products over the course of the first 10…
All Petchem shipments from Iran insured: Official
SHANA – A senior Iranian insurance officials said all the exported petrochemical cargoes from Iran are covered by insurance. Governor of Central…
Iran petchem output nearly 40 mt in 9 months
SHANA – Iran’s petrochemical production stood at 39.9 million tons in the first three quarters of the current calendar year which begins…
Ilam Petrochemical Unit to be inaugurated next spring
MNA – Ilam Petrochemical Sulfur Dismantling Unit will be inaugurated next spring. The Ilam Petrochemical Sulfur Dismantling Unit will be inaugurated next…
SPGC biggest petchem feedstock supplier: CEO
SHANA – Managing director of the South Pars Gas Complex (SPGC) Masoud Hassani said SPGC is Iran’s biggest supplier of feedstock to…
Increased feedstock raises output of petchem plants Western Iran
SHANA – The plants operating in the western provinces of Iran yielded more output given the 30% rise in feedstock supply to…
Foreign companies eyes petchem investments in Iran
MNA – Iran’s outstanding investment security and advantages in petrochemical sector including abundant feedstock supply and skilled domestic labor entice foreign investors…
Plan to develop Qeshm petrochemical hub
Financial Tribune – Qeshm Free Zone Organization and Parsian Oil and Gas Development Group Company signed on Sunday a memorandum of understanding…
Iran mulls boosting petchem exports to Turkey
SHANA – An Iranian petrochemical official says Iran is considering discounts for petrochemical customers from Turkey, adding enhancing petrochemical exports to neighboring…
Major petchem feeder project 55% complete
SHANA – Iran’s Bidboland II Gas Refinery Project, a supplier at feedstock to petrochemical facilities, has so far progressed 55%, having generated…
Bandar Emam petchem output up 7% in H1
SHANA – The petrochemical output of Bandar Emam Petrochemical Plant rose by 7 percent year-on-year in the first 6 months of the…
Philippines considers investing in Iran petchem sector
SHANA — Tehran and Manila held talks on enhancing energy ties and petrochemical investment in Iran. Iranian Minister of Petroleum Bijan Zangeneh…
No trouble receiving money from China for petchem export: Iran
SHANA – Iran says it has no trouble receiving money from Chinese customers of its petrochemical products. Foreign Ministry spokesman Bahram Ghasemi…
Iran to build 0.5mt/y petchem plant in Qeshm island
SHANA – Iran is to construct a petrochemical plant in Qeshm Island with the capacity of processing 500,000 tons/year of methane annually…
Belgium to join club of petchem importers from Iran
Shana – The managing director of Mahabad Petrochemical Plant said his company will start exporting polyethylene products to Belgium before the end…
Iran 4-month petchem output crosses 18 mt
SHANA – Iranian petrochemical facilities supplied over 18.196 million tons of petrochemicals in the first 4 months of the current Iranian calendar…
Iran eyes $5b in petchem investments
SHANA – Iran is close to absorbing over 5 billion dollars in fresh investments by three European majors in the near future.…