Petrochemical sector stays on track despite conflict, eyes annual targets

TEHRAN – 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.

Petchem projects worth $6b to be inaugurated by next March

TEHRAN – As announced by the head of Iran’s National Petrochemical Company (NPC), 15 petrochemical projects worth $6 billion will be put into operation in the country by the end of current Iranian calendar year (March 20, 2026).

Petrochemical industry to support new investments

TEHRAN- The acting head of Investment Management Department at the National Petrochemical Company (NPC) announced that attracting new investments in the new Iranian calendar year (began on March 21), aimed at boosting production and completing the value chain, is a key strategy.

NPC should strengthen its share in export markets: managing director

TEHRAN – The managing director of Iran’s National Petrochemical Company (NPC) said that the company should strengthen its share in the export markets through precise planning.

Petchem exports reach $10b in 9 months

TEHRAN - Iran's petrochemical industry achieved $10 billion in exports during the first nine months of the Iranian calendar year 1403 (March-December 2024), with projections suggesting the figure could reach $13 billion by year-end, a senior official announced.

‘Accessing new export markets a necessity in petchem industry’

TEHRAN- The head of Iran’s National Petrochemical Company (NPC) said that accessing new export markets is a necessity in the country’s petrochemical industry.

'Petchem industry plays a vital role in promoting Iran’s status in intl. economy'

TEHRAN- The head of Iran’s National Petrochemical Company (NPC) said the petrochemical industry plays a vital role in promoting Iran’s status in the international economy.

Completing value chain to ensure balanced development of petchem industry

TEHRAN – The head of Iran’s National Petrochemical Company (NPC) 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.

Abbaszadeh appointed as head of National Petrochemical Company

TEHRAN - Iranian Oil Minister Mohsen Paknejad has appointed Hassan Abbaszadeh as his deputy for the petrochemical affairs and the head of Iran’s National Petrochemical Company (NPC).

Petchem industry requires 168 mcm of gas per day based on 7th plan

TRHRAN- Acting Head of Iran’s National Petrochemical Company (NPC) Hassan Abbaszadeh says that the petrochemical industry requires 168 million cubic meters (mcm) of gas per day for the implementation of the development projects defined in Iran’s seventh National Development Plan (2022-2027).

International Forum on Iran’s petchem Industry kicks off in Tehran

TEHRAN - The 15th International Forum on Iran’s Petrochemical Industry (IPF) kicked off in Tehran on Sunday.

Petchem value chain projects specified, introduced to NDF

TEHRAN- The director for planning and development in Iran’s National Petrochemical Company (NPC) said that the value chain projects in the petrochemical industry have been specified and introduced to the National Development Fund (NDF) for financing.

By Mahnaz Abdi

‘IPF to improve Iran’s petchem industry status in world’

TEHRAN- Head of Iran’s National Petrochemical Company (NPC) Morteza Shahmirzaei said the achievements and latest developments of Iran’s petrochemical industry are tried to be presented in the 15th Iran Petrochemical Forum (IPF) to improve the position of this industry in the world.

Petchem production capacity to exceed 100m tons by Mar. 2025

TEHRAN - The head of the National Petrochemical Company (NPC) said the country’s petrochemical production capacity will top 100 million tons by the end of the current Iranian calendar year (March 20, 2025).

Iran seeks to build petrochemical complexes abroad: NPC head

TEHRAN – Head of Iran’s National Petrochemical Company (NPC) Morteza Shahmirzaei has said the company has put it on the agenda to build extraterritorial petrochemical complexes, especially in neighboring countries.

NPC, Energy Ministry collaborating to ensure sustained power supply to petchem plants

TEHRAN – The head of Iran’s National Petrochemical Company (NPC) has said the company is collaborating with the Energy Ministry to ensure sustained power supply to the petrochemical plants across the country, NIPNA reported.

Investment in petchem value chain neglected in last 2 decades: Oji

TEHRAN – Iranian Oil Minister Javad Oji has said investment in the petrochemical industry’s value chain has been neglected over the past two decades while such investment is very low-risk and high-yielding, the Petrochemical Industry’s News Agency (NIPNA) reported.

By Mahnaz Abdi

Value chain completion, a top agenda of NPC

TEHRAN- The managing director of Iran’s National Petrochemical Company (NPC) said that completing the value chain is not a motto, while it is a top agenda of the NPC’s activities, it is a program and a duty.

‘Needs, capacities of downstream petchem industries to be identified in Iran Plast expo’

TEHRAN – The managing director of Iran’s National Petrochemical Company (NPC) said on Saturday that the needs and export capacities of downstream petrochemical industries are going to be identified in the 17th International Exhibition of Plastic, Rubber, Machinery, and Equipment (Iran Plast 2023).

‘Iran ready to implement petrochemical projects overseas’

TEHRAN – Iran is completely ready to implement petrochemical projects and launch petrochemical complexes in friendly countries that are willing to collaborate with the Islamic Republic, an official with the country’s National Petrochemical Company (NPC) said.

NPC cancels some idle projects, aiming to expand value chain

TEHRAN – The managing director of Iran’s National Petrochemical Company (NPC) said that the company has canceled the license for some idle projects to change them into value chain projects, Shana reported.

NPC offering petchem complexes discount on feedstock to diversify output

TEHRAN – The managing director of Iran’s National Petrochemical Company (NPC) has said petrochemical complexes and investors can benefit from discounts on feedstock by diversifying their output and completing the industry’s value chain, Shana reported.

Petchem exports bring Iran $61b in 5 years despite sanctions

TEHRAN - Iran has earned $61 billion from exporting 120 million tons of petrochemical products during 2018-2022 amid growing sanctions, according to the deputy head of the Iranian Association of Petrochemical Industry Corporation (APIC).

Investment packages introduced for Russia partaking in Iran's petchem sector

TEHRAN – Head of Iran’s National Petrochemical Company (NPC) said that many Russian companies are interested in investing in the downstream petrochemical industries in Iran, and different and attractive investment packages have been prepared and introduced in this field.

Petchem projects worth $3b underway in western Iran

TEHRAN – The managing director of Iran’s National Petrochemical Company (NPC) said on Saturday that several petrochemical projects with a total investment of $3 billion are currently underway in Ilam Province in western Iran, Shana reported.

Petrochemical export rises 13% in 7 months on year

TEHRAN- Iran’s petrochemical export has risen 13 percent in the first seven months of the current Iranian calendar year (March 21-October 22), as compared to the same period of time in the past year, the secretary-general of Iran’s Petrochemical Industry Employers Association announced.