EghtesadOnline: Kimia Pars Middle East Petrochemical Complex in Asalouyeh, which started production at the end of spring, is trying to increase output for the export market, the managing director said.
EghtesadOnline: There is no problem in the production and allocation of urea fertilizer quotas, director of Iran's Association of Petrochemical Industry Corporation said.
EghtesadOnline: The oil minister has asked petrochemical companies to supply raw materials for products needed for battling the coronavirus.
EghtesadOnline: Export of 23 million tons of petrochemicals in the last fiscal (ended in March) helped offset at least 20% of lost oil revenues, a member of the board of directors of the National Petrochemical Company said.
EghtesadOnline: Construction of Masjed Soleyman Petrochemical Company's ammonium and urea units in Khuzestan Province is almost over and will come online by the end of the current fiscal year (March 2021), director of the project said.
EghtesadOnline: The 55 petrochemical companies in Iran annually use 35 million tons of natural and liquefied gas as feedstock to produce 31 million tons of products, managing director of the National Petrochemical Company said.
EghtesadOnline: The value of oil, gas and petrochemical exports has declined due to upheavals in the international oil market caused by the coronavirus. The massive quarantines and market closures worldwide have had a negative impact on the sales of the strategic products, a spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union said.
EghtesadOnline: Export of petrochemicals increased 5% in the first ten months of this year (March 2019-Feb 2020) compared to the same period last year, a spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union said.
EghtesadOnline: Amir Kabir Petrochemical Company has sent engineers to Sibur Holding in Russia to operate an olefin plant and train personnel.
EghtesadOnline: Newly announced US sanctions aimed at harming petroleum and petrochemical trade between Iran and China will not substantially impact China's status as the top importer of Iranian crude, analysts said.