EghtesadOnline: Petrochemical, fertilizer and refinery projects with annual capacity to manufacture 5 million tons are facing rough times and some have been put on hold as the water problems worsen.
EghtesadOnline: The government is planning to repay its debts to private companies by selling its stakes in state-controlled petrochemical and refinery companies, according to a member of Tehran Chamber of Commerce, Industries, Mines and Agriculture.
EghtesadOnline: In line with policies to upgrade health, safety and environment (HSE) standards in petrochemical companies, experts from 21 petrochemical companies have completed technical training overseas, the head of HSE department of the Persian Gulf Petrochemical Industries Company said.
EghtesadOnline: Collecting all the flare gas in Khuzestan Province requires $3.5 billion of investment, the province’s governor said.
EghtesadOnline: Tehran stocks made a solid 3.1% gain on Monday cheered by the dramatic rise in demand for refinery, petrochemical and metal stocks.
EghtesadOnline: Petrochemical export revenue in the last fiscal year that ended in March stood at $11 billion.
EghtesadOnline: Stocks continued to rally on Sunday for the third session in a row amid rising demand for shares of major mineral, petrochemical and refinery companies plus selloff pressure in auto stocks.
EghtesadOnline: Equity indices extended decline in the third session on Monday, tracking weakness in commodity stocks and uncertainty regarding the future of export-based companies. Heavy selling was witnessed in at the petrochemical, banking and mineral counters.
EghtesadOnline: Tehran Stock Exchange's main gauge fell sharply on Monday as a selloff in auto and bank shares spread across the board. The decline caused a broad rout in refinery and petrochemical stocks.
EghtesadOnline: Tehran is in talks with PetroChina Company Ltd on collaboration and transfer of knowhow in the petrochemical sector, the deputy chief of Iran's Association of Petrochemical Industry Corporation said.