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.
PETROCHEMICAL Feed Atom
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.
The Deputy Minister of Iran Petroleum for Petrochemical Affairs announced the establishment of a utility corridor in Phase 3 of the Pars Special Economic Energy Zone to support the development of downstream petrochemical industries.
The Bandar Imam Petrochemical Complex produced more than 4.87 million tons of products in the Iranian calendar year 1403 (2024-25), achieving an 8% growth and securing the top production rank among Iran’s 72 active petrochemical plants, according to the National Petrochemical Company.
The Iranian Masterbatch and Compound Producers Association and Shenzhen Plastics Association of China signed a memorandum of understanding to enhance cooperation in the plastics industry.
Iran’s annual export of the petrochemicals is anticipated to reach about 34.8 million tons in the current Iranian calendar year (ends on March 2026), according to the head of the National Petrochemical Company (NPC).
Iran's National Petrochemical Company CEO expressed readiness to participate in Niger's petrochemical complex construction and supply urea for the African agricultural sector.
The CEO of the National Petrochemical Company (NPC) announced that by the end of the Iranian calendar year 1404 (March 2026), the nominal production capacity of the petrochemical industry is expected to reach 105 million tons, with exports of approximately 34.8 million tons worth about $13.6 billion.
Iran’s first vice president announced the country’s readiness to accelerate Africa’s industrial growth through petrochemical exports.
The manager of Karun Petrochemical Complex announced that the facility broke Iran’s monthly isocyanate production record over the past four years.
