Completing value chain, diversifying product portfolio; NPC’s main strategy

TEHRAN- The managing director of Iran’s National Petrochemical Company (NPC) said the strategy of this company is to complete the value chain and diversify the portfolio of valuable products.

Domestic production of 2 catalysts saves Iran’s petchem sector $70m

TEHRAN- Iranian experts succeeded in indigenizing the knowledge for the production of two catalysts used in the petrochemical sector, which saves this sector $70 million.

Iran’s share of petchem trade in West Asia rises 2%

TEHRAN – National Petrochemical Company (NPC)'s Director of Planning and Development Hassan Abbaszadeh said Iran's share in West Asia’s petrochemical trade has increased by two percent, IRNA reported on Friday.

‘Developing downstream petchem industries to create more added-value'

TEHRAN – Developing downstream industries in Iran’s petrochemical sector is going to create three times more added value than selling raw materials, a National Petrochemical Company (NPC) board member said.

Over 70% of necessary petchem catalysts to be indigenized by Mar. 2022

TEHRAN – Iranian engineers are going to indigenize the knowledge for the production of 72 percent of the catalysts needed in the country’s petrochemical industry by the end of the current Iranian calendar year (March 2022), the Head of National Petrochemical Company (NPC) Behzad Mohammadi has said.

NPC inks co-op MOU with German QMS institute

TEHRAN – Iran’s National Petrochemical Company (NPC) and the German Institute for Quality Management Services (QMS), which is the representative of the European Foundation for Quality Management (EFQM), have signed a memorandum of understanding (MOU) for cooperation in business excellence.

5 new petchem projects to go operational by late June

TEHRAN – Five new major petrochemical projects are scheduled to go operational across the country during the first quarter of the next Iranian calendar year (March 21-June 21), the project manager of the National Petrochemical Company (NPC) announced.

Iran’s petchem production up 6% in 10 months yr/yr

TEHRAN – Iranian petrochemical production has increased by six percent in the first 10 months of the current Iranian calendar year (March 20, 2020-January 19, 2021) compared to the same period last year, an official with the National Petrochemical Company (NPC) announced.

Petchem output rises despite limitations caused by pandemic

TEHRAN- Petrochemical production in Iran has increased in the current Iranian calendar year (began on March 20) despite the difficulties and limitations caused by the coronavirus outbreak, the managing director of Persian Gulf Petrochemical Industries Company (PGPIC) noted.

Petchem output up 6% in 5 months yr/yr

TEHRAN- Petrochemical production has risen six percent in Iran during the first five months of the current Iranian calendar year (March 20-August 21), compared to the same period of time in the past year, according to an official in the National Petrochemical Company (NPC).

Petchem revenue tops $14.5b in a year

TEHRAN (Shana) - The CEO of National Petrochemical Company (NPC) Behzad Mohammadi has said that the petrochemical sector earned Iran $14.5 billion in revenue last calendar year to March 2020.

Mahshahr’s butane chain project to realize 2nd leap in petchem sector

TEHRAN- The first project in the butane chain in Mahshahr will be ready for operation with the aim of commercial production of three important and new items, parallel with planning for realization of the second petrochemical leap in Iran, Shana reported.

Annual propylene output to reach 3m tons

TEHRAN- The managing director of Iran’s National Petrochemical Company (NPC) said that some new projects are planned to boost the country’s production capacity of propylene to three million tons, Shana reported on Sunday.

NPC to build propylene storages in north-central Iran

TEHRAN – Following a plan for expanding Iran’s petrochemical industry, National Petrochemical Company (NPC) is going to construct propylene storage tanks near Damghan city in north-central Semnan province, IRIB reported.

Annual petchem output to rise 35% by Mar. 2021

TEHRAN- Iran’s annual petrochemical production will increase 35 percent in the current Iranian calendar year (ends on March 20, 2021), according to the managing director of National Petrochemical Company (NPC).

Iran faces 700,000-ton annual shortage of propylene

TEHRAN- Iran has been facing a shortage of propylene for years. The country’s propylene production in the Iranian calendar year 1404 (March 2025-March 2026) will be four percent of its total petrochemical production.

‘Smart petchem industry required for stable presence in global markets’

TEHRAN- The managing director of Iran’s National Petrochemical Company (NPC) said that making the petrochemical industry smart is the only way for a stable presence in the global markets.

17 new petrochemical plants to go operational by March 2021

TEHRAN – Iranian Oil Minister Bijan Namdar Zanganeh said 17 new petrochemical plants are planned to be inaugurated across the country during the current Iranian calendar year (ends on March 20, 2021), Tasnim news agency reported.

NPC producing antiseptic products to battle coronavirus

TEHRAN – Iran’s National Petrochemical Company (NPC) is producing antiseptic products following an all-out mobilization for containing the coronavirus, Shana reported on Friday, quoting an official with the company.

NPC to conduct Iran’s 1st natural gas polymerization project

TEHRAN – Head of Iran’s National Petrochemical Company (NPC) says a project for producing polymer from natural gas is going to be conducted in the country for the first time in the next Iranian calendar year (March 2020-March 2021).

Iran to double petchem production capacity by Mar. 2026

TEHRAN – Head of Iran’s National Petrochemical Company (NPC) said the country’s petrochemical production capacity is going to double by the end of Iranian calendar year of 1404 (March 2026), IRIB reported.

Iran to hold over 6% share of world’s petchem production by 2025

TEHRAN - Head of Iran’s National Petrochemicals Company (NPC) says by the Iranian calendar year of 1404 (starts in March 2025) Iran’s petrochemical industry will be accounting for 6.2 percent of the total global petrochemical output.

Iran’s petchem feedstock to reach 1.7m bpd by 2025

TEHRAN – Managing Director of Iran’s National Petrochemical Company (NPC) said the feedstock allocated to petrochemical complexes is going to reach equal to 1.7 million barrels per day (bpd) of oil by 2025, Shana reported.

BY: Ebrahim Fallahi

‘Iran pushing to double petrochemical production by 2025’

TEHRAN - Nowadays, petrochemical industry is playing a crucial role in Iran's non-oil economy. According to official data, petrochemical exports constitute the second largest hard currency earner in Iran after crude oil. Petrochemical exports already make up nearly 33 percent of the country’s non-oil exports.

By Mahnaz Abdi

Over 600 companies to attend IRAN PLAST 2019

TEHRAN- Iran’s 13th International Exhibition of Plastic, Rubber, Machinery and Equipment (IRAN PLAST) will host 570 Iranian and 35 foreign companies at the Tehran International Permanent Fairground from September 22 to 25, managing director of National Petrochemical Company (NPC) announced in a press conference on Monday.