PETROCHEMICAL Feed Atom

HD Hyundai Chemical and Lotte Daesan Petrochemical have completed their integration to establish H&L Advanced, marking the first major restructuring case in South Korea’s petrochemical industry. The new company aims to improve operational efficiency, reduce costs and accelerate a strategic shift from commodity petrochemicals toward specialty and higher-value-added materials.
Amir Akbari, managing director of Iran’s Jam Petrochemical Company, issued a message stressing that reliable utility supply is essential to continued petrochemical output and calling the successful startup of the eighth boiler at Persian Gulf Mobin Energy a display of Iranian specialists’ skill and resolve to keep production going under sanctions and threats.
The monthly activity report of Tabriz Petrochemical Company, listed under the ticker SHTABRIZ, has been published on Iran’s Codal disclosure system. It shows the company’s revenue from product and service sales reached 21,691 billion tomans in the first five months of Iranian year 1405, covering March 21 to August 22, 2026.
Jam Petrochemical has been recognized as one of Iran’s Green Industrial Units after being selected among 287 industrial facilities evaluated nationwide—an achievement that goes beyond an environmental accolade for one of the country’s major petrochemical companies, highlighting the link between production, efficiency and corporate responsibility.