Petrochemical products valued at $2.7 billion were exported from Bushehr province in the southwest of Iran during the first quarter of the current Iranian calendar year (March 21-June 21), according to a provincial official.
PETROCHEMICAL Feed Atom
Iran’s petrochemical industry remains committed to achieving its development goals for the current year, despite disruptions caused by a 12-day conflict triggered by Israeli airstrikes, a senior official said.
The planning and development director of the National Petrochemical Company (NPC) said the petrochemical sector remains firmly committed to its pre-approved goals and is seriously pursuing the implementation of its programs.
India needs to increase its petrochemical production capacity to meet local and global demand and contain China's growing dominance of the sector, a senior Reliance Industries official said on Friday.
India’s Oil and Natural Gas Corporation (ONGC) has partnered with Mitsui O.S.K. Lines (MOL), Japan’s leading shipping company and one of the largest in the world, to build, own, and operate two Very Large Ethane Carriers (VLECs).
Saudi Arabia and Indonesia have signed agreements worth $27 billion, covering clean energy, petrochemical industries, and aviation fuel services, during Indonesian President Prabowo Subianto's visit to the Kingdom.
The CEO of National Iranian Petrochemical Company (NPC) emphasized that cooperation among petrochemical holdings and companies, along with the implementation of NPC’s approved programs during the 12-day imposed war, helped achieve planned objectives in emergency management.
Iran's head of the Islamic Republic of Iran Customs Administration (IRICA) revealed that liquefied propane and natural gas were the primary non-oil products exported in the first two months of the current Iranian calendar year.
The CEO of the National Iranian Petrochemical Company emphasizes the importance of environmental protection for sustainable development, highlighting the priority of enhancing cooperation between the petrochemical industry and the Department of the Environment.
Iran's Privatization Organization has transferred around 65 petrochemical companies to the private sector and non-governmental public institutions, removing the government's significant stake in the industry.
The National Petrochemical Company CEO emphasized the need for stable feedstock supply, stating that addressing challenges and fully utilizing the industry's potential requires approximately $18 billion investment.
Iran's National Petrochemical Company has announced a $5 billion investment by petrochemical companies to collect and manage flare gas emissions, underlining the industry's crucial role in reducing emissions.
Adani Group companies are under inquiry by US prosecutors into whether they have been involved in importing Iranian petrochemical products, according to a WSJ report.
In a major step towards promoting clean energy in India, IndianOil has finalised the Levelized Cost of Hydrogen (LCOH) for setting up a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex.
Ethanol, a plant-based renewable fuel, is gaining popularity in India's clean energy sector, replacing fossil fuels. Oil Marketing Companies achieved an average Ethanol Blending Percentage of 18.4% in March 2025, nearing the national target.
The head of safety and firefighting at National Iranian Petrochemical Company announced that digital transformation and artificial intelligence strategies will be added to future safety and firefighting programs in the petrochemical industry.
Iran’s NPC CEO calls for a comprehensive petrochemical industry development model to integrate value chain, prevent resource wastage, and maintain balance across the chain.
The CEO of Petrochemical Industries Development Management Company (PIDMCO) announced that the firm is currently managing 25 projects valued at over $11 billion despite challenging sanctions. Some of these projects are among the largest national initiatives, and their completion is critical for boosting production and strengthening the economy.
The Isfahan Oil Refinery has successfully produced heptane solvent for the first time in Iran. This product plays a significant role in reducing air pollution by cutting MTBE consumption.
The CEO of Bandar Imam Petrochemical Complex (BIPC) said the company’s investment in the Marun Petrochemical Diamond Project is a key step toward completing the value chain for its products.