The CEO of the National Iranian Petrochemical Company emphasized the importance of utilizing all available capacities in the country to develop and diversify export markets with the goal of expanding exports.
PETROCHEMICAL Feed Atom
Bushehr Petrochemical Company produced 3 million tons of petrochemical products and 547 million cubic meters of utility services in the first nine months of 2024.
The National Iranian Petrochemical Company (NPC) and Zagros Petrochemical Company signed a memorandum of understanding to exploit Zagros petrochemical resources in support of a campaign aimed at reducing domestic and commercial gas and electricity consumption by 10 percent.
Emphasizing the importance of petrochemical refineries and mini-refineries, Iran's Oil Minister discussed and reviewed plans to reduce crude oil exports.
Iran's petrochemical industry celebrates 60th anniversary, generating $16 billion in revenue despite sanctions, according to the Parliamentary Oversight Board on Oil, Gas, and Petrochemical Industries.
The National Petrochemical Company's production control director emphasized the potential for Iran's petrochemical industry to expedite development and growth through global knowledge and technology.
The head of Iran's Innovation and Prosperity Fund emphasized: New Technology-Based Companies (NTBF) can use tax incentives to become a driving force for innovation in large industries such as petrochemicals.
The petrochemical industry is vital to Iran's economic and industrial development, and the second phase of the Petrochemical Special Economic Zone will focus on balanced growth and completing the value chain.
The CEO of the Pars Special Economic Energy Zone (PSEEZ) announced that approximately $150 billion has been invested in the region, which accounts for nearly 50% of the country's petrochemical capacity with a production of about 45 million tons.
The acting director of the Health, Safety, and Environment (HSE) Department at the Iranian Oil Ministry stated that petrochemical companies consistently lead in HSE due to their strong performance in this field.
Iran’s Vice President for Science and Technology has announced plans to introduce innovative artificial intelligence tools into the petrochemical industry to drive its development, Mehr News Agency reported.
The CEO of PGPIC emphasized the importance of R&D investment in driving global company growth and promoting forward-thinking strategies for wealth creation in the petrochemical industry.
The CEO of the National Petrochemical Company (NPC), Hassan Abbaszadeh, outlined the petrochemical industry's performance during the first 100 days of the 14th government's activities.
India is expected to be at the forefront in terms of the trunk/ transmission oil and gas pipeline network additions in Asia, accounting for more than 40% of the region’s total pipeline length additions by 2028, says GlobalData.
Iran Petroleum's report examines the performance and future of the petrochemical sector, highlighting its significant role in job creation, economic growth, and foreign currency revenues.
The head of Iran’s National Petrochemical Company has said that completing the value chain and developing complementary industries is going to ensure a balanced and sustained development of the country’s petrochemical industry.
Iran's petrochemical export value increased by 24% in the first seven months of the current Iranian calendar year, according to the former head of the Islamic Republic of Iran Customs Administration.
India's petrochemical sector is on track to touch USD 300 billion next year, with the potential to reach upwards of USD 1 trillion in 2040, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri.
Iran's National Petrochemical Company (NPC) Acting Head Hassan Abbaszadeh states that the petrochemical industry requires 168 million cubic meters of gas daily for its seventh National Development Plan (2022-2027).
With the implementation of the 7th National Development Plan, the total gas required by the petrochemical industry is estimated to reach 168 million cubic meters daily.