Hossein Panahian, deputy for finance, investment, and equity at Persian Gulf Petrochemical Industries Group and chairman of Arya Sasol Petrochemical, has taken over management of the company while keeping his other posts.
PETROCHEMICAL Feed Atom
Work on the PVC2 process license for Arvand Petrochemical has reached 60% and, once finished, is expected to save €40 million and end dependence on foreign technology.
During a trip to Razavi Khorasan Province, Energy Minister Abbas Aliabadi reviewed the latest status of Persian Gulf Petrochemical Industries Group’s renewable projects in the province and follow-up on their development and execution.
Jam Pilen Petrochemical and the Bushehr Province Welfare Department have signed a memorandum to support top students under welfare coverage. The “Growing Tomorrows” campaign is meant as a model for industry to play a clearer role in building human capital in the region.
The chief executive of the National Petrochemical Company said a special working group has been formed for the urgent rebuild of petrochemical units in Mahshahr and that a support package is being drawn up for a fast return to production.
The chief executive of Amirkabir Petrochemical said the company produced 146,066 tons in the first half of the Iranian year 1405 and that output in the second quarter was 76% higher than in the first.
Jam Petrochemical’s Heavy-Duty Polyethylene 2 complex set a new product-loading record by loading 1,800 metric tons of Grade 7000F within 24 hours.
Following reports concerning the value of the ASU package compressors at Apadana Petrochemical and the contractor responsible for the package, the company issued a clarification stating that the compressors are worth approximately €16 million, not €70 million. The company also said its contract with the contractor for this part of the project had been terminated due to failure to fulfill contractual obligations.
Khorasan Petrochemical has recorded 64 million man-hours of work without a fatal accident, with the company’s CEO attributing the achievement to divine grace and the efforts of the company’s past and present CEOs, managers and employees, while stressing the need to maintain safety requirements at every level of the organization.
The groundwork and infrastructure have been put in place for the construction of a modern, low-emission, export-oriented petrochemical complex in Iran’s Ardabil Province, with the participation of several major investment holding companies, according to the province’s deputy governor for economic affairs.
Jam Petrochemical’s first-half sales rose sharply in September 2026, with about 43 trillion tomans in six-month revenue and nearly 18 trillion tomans in that month alone — more than double September 2025.
The chief executive of the National Petrochemical Company said about 60% of capacity lost in the war has been restored and warned of feedstock trouble in the coming winter.
The board has appointed Reza Farzadi chief executive of Damavand Energy Assaluyeh, the company that supplies water, power, steam, and utility services for Phase 2 of the Pars Special Economic Energy Zone.
Sekhavat Asadi, head of the presiding board of the oil industry pension funds, visited the Petrochemical Special Economic Zone and toured operations at Nakhl Asmari Petrochemical and Bandar Imam Petrochemical.
At a ceremony attended by board members and senior managers of Parsian Oil and Gas Development Group, Peyman Esfahani was introduced as the new chief executive of Pardis Petrochemical.
Sedigheh Khazaei, the Oil Ministry’s deputy for management development and human capital, said permanent and contract employees, retirees, and survivors who are members of the oil industry pension fund will be able to buy shares in Taban Farda Petrochemical Group on installment. She said the plan is being carried out with the oil minister’s support to keep fund members’ ownership of investments already made and to strengthen their financial resilience.
The chief executive of Shahid Tondgooyan Petrochemical, speaking at a process safety management (PSM) training course, stressed the need for effective implementation of the system to prevent industrial accidents, protect employees, and achieve safe, stable production.
A 60% capital increase at Nouri Petrochemical, listed under the ticker Nouri, has been officially recorded at the companies registry after approval by an extraordinary general meeting and completion of the legal steps.
The first shipment of Jam Petrochemical’s F7000 grade has been loaded, putting the high-density polyethylene product on the market under Jam’s commercial name and brand.
An extraordinary general meeting of the National Petrochemical Company was held with the company’s chief executive and representatives of the relevant agencies present, and the financial statements for the fiscal year ended March 20, 2026, were approved.