Prime Minister Narendra Modi inaugurated India's first greenfield integrated refinery-cum-petrochemical complex at Pachpadra in Rajasthan's Balotra district.
PETROCHEMICAL Feed Atom
Following the damage sustained by petrochemical power plants during the war and the Ministry of Energy's ongoing efforts to resolve the energy deficit in this sector, Iran's Deputy Minister of Energy for Electricity and Energy has departed for Turkey to initiate preliminary negotiations and consultations regarding electricity imports.
The board of directors of the Persian Gulf Petrochemical Industries Company has appointed Hassan Abbaszadeh as the new chief executive officer of the holding company, replacing Mohammad Shariatmadari.
The U.S. Treasury Department issued a general license for Iran on Monday that authorized the production, delivery and sale of crude oil and petrochemical and petroleum products of Iranian-origin through August 21.
Iran’s polymer and plastics market has stabilized as petrochemical plants gradually return to production and product supplies increase on the commodity exchange, according to the spokesperson for Parliament’s Energy Committee.
Iran’s petrochemical industry is steadily restoring production capacity lost during the recent conflict, demonstrating its resilience and strategic importance to the country’s economy.
The Deputy Oil Minister and Managing Director of the National Petrochemical Company, announcing that through efforts made, about 38 percent of the petrochemical industry capacity that had been lost or affected has returned to production, said: Today, the market for polymer and plastic products has reached relative stability, and even for some products, in the current situation, production exceeds domestic demand.
The supply of petrochemical products to Iran’s downstream industries is improving, with higher product availability and continued price stability helping the market move toward balance, according to a senior official at the National Petrochemical Company (NPC).
Saudi blue chip Sabic and fellow petrochemical producers face an uncertain outlook amid export disruptions and long-term supply-demand imbalances, according to analysts.
The Israeli military has acknowledged carrying out airstrikes on Iran’s Karun petrochemical complex in Mahshahr.
India is launching on Friday a new fuel blend with an 85% ethanol component as part of the fuel flex mobility program of the world's third-largest crude importer to reduce dependence on imported oil.
Kazakhstan’s Energy Minister Yerlan Akkenzhenov held a meeting with Türkiye’s Minister of Energy and Natural Resources Alparslan Bayraktar on the sidelines of the BEW 2026 International Energy Forum in Baku, citing Kazakhstan’s Ministry of Energy.
The Public Relations Department of the Iranian Petrochemical Special Economic Zone has strongly denied any leak of polluting materials from Iran’s Petrochemical Amir Kabir, stating that no such incident has occurred and the situation is fully under control.
The National Iranian Petrochemical Industries Company issued a statement regarding the enemy’s attack on some side facilities of the petrochemical industries in the Pars Special Economic Energy Zone.
The Production Control Manager of the National Iranian Petrochemical Industries Company described the enemy’s attacks on side facilities of the petrochemical industry as an attempt to exert greater pressure on the people and disrupt their needs. He stressed that optimal consumption of energy carriers across the country (electricity, gas, gasoline, diesel, etc.) can thwart the enemy’s malicious intentions.
The Public Relations Office of the Mahshahr Special Economic Petrochemical Zone announced that the fire which broke out in several petrochemical companies in the zone — following an attack — has been completely brought under control and extinguished.
Iran’s Ambassador and Permanent Representative to the United Nations sent a letter to the UN Secretary-General and other senior officials of the international body, stating that the American and Israeli attacks on the Karaj “B1” bridge and the Mahshahr Petrochemical Complex constitute war crimes and a clear act of state terrorism.
South Korea's industry ministry said on Wednesday it has approved the country's first petrochemical industry restructuring project, offering a support package worth more than 2 trillion won ($1.39 billion) to help companies weather a prolonged sector downturn.
Iran’s petrochemical industry has begun investing directly in upstream gas field development after the Oil Ministry streamlined licensing and contract procedures, industry officials said, calling the shift a turning point in cooperation with the private sector.
Iran’s first ground-based and clean flare in the petrochemical industry has been successfully commissioned at the Persian Gulf Sadaf Petrochemical Complex, bringing this strategic project to the threshold of receiving feedstock.