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Iran Petrochem Industry

  • EghtesadOnline: Member of the Board of Directors of National Petrochemical Company (NPC) Ali-Mohammad Bosaqzadeh says several mega international contracts in petrochemical sector are to be concluded.

  • EghtesadOnline: Domestic petrochemical producers are looking at Russia as an emerging and reliable market for petrochemical exports, said Asadollah Asgaroladi, head of Iran-Russia Joint Chamber of Commerce.

  • EghtesadOnline: In line with plans to complete the value chain in Jam Petrochemical Complex in the port city of Asalouyeh, Bushehr Province, the first development phase of an ABS/rubber production plant will go on stream by the end of the current fiscal year that ends next March, the JPC managing director said.

  • EghtesadOnline: The rapid expansions of regional rival Saudi Arabia in the petrochemical sector is a real challenge that is emerging as a "hazard" to Iran's market share, says Marzieh Shahdaei, head of the National Petrochemical Company.

  • EghtesadOnline: Spain’s ambassador to Iran announced that his nation’s banks are ready to finance the petrochemical industry, which facilitates Iran’s interaction with European companies.

  • EghtesadOnline: Japan’s Itochu Corporation signed a deal on Saturday to purchase 11,000 tons of polyethylene per month from the Persian Gulf Petrochemical Industries Company (PGPIC).

  • EghtesadOnline: More than 40% of Iran's petrochemical output is shipped to buyers in South East Asia and the Far East, National Petrochemical Company's coordination and supervision director said on Sunday, adding that African countries as well as European destinations each account for 20% of NPC's outbound consignments.

  • EghtesadOnline: Nouri Petrochemical Company in southern Bushehr Province produced over 4.7 million tons of petrochemicals in fiscal 2016-17, its biggest output volume in the past 10 years.

  • EghtesadOnline: Petroleum Minister Deputy for International and Commercial Affairs announced German company Linde is ready for direct investment in Iran’s petrochemical industry.

  • EghtesadOnline: A fire at a petrochemical complex in western Iran was extinguished within hours after it broke out on Friday. The blaze at the Bistoon Petrochemical Company in Kermanshah Province was doused "within a few hours", Shana quoted firefighters at the scene of the accident as saying.