EghtesadOnline: The completion of value chain in the petrochemical industry, which calls for developing the downstream sector, will further increase revenues from exports, a member of Iran Chamber of Commerce, Industries, Mines and Agriculture said on Monday.
EghtesadOnline: The parliament is ready to back new investments that would help expand and complete the value chain in the key petrochemical industry, the spokesman of Majlis Energy Commission said on Monday.
EghtesadOnline: Iranian officials on Sunday spoke of new investments in the economy and ambitious production targets in a petrochemical industry that is seen as Iran's most profitable sector after oil and gas.
EghtesadOnline: Iran's petrochemical industry is on an upward trajectory, as data show an upswing in production and exports in recent months from last year's corresponding period.
EghtesadOnline: Opening economic gateways to foreign investment is the only way to achieve Iran's ambitious goals in the petrochemical industry, former director of state-owned National Petrochemical Company said.
EghtesadOnline: Petroleum Minister Bijan Zangeneh supported Parsian Special Economic Energy Zone in Hormuzgan province saying it is the best region to develop petrochemical industry.
EghtesadOnline: Some of the biggest European energy companies are looking at petrochemical investment opportunities in the Parsian Special Economic Energy Zone, an emerging hotspot for industries in the southern Hormozgan Province in the Persian Gulf.
EghtesadOnline: The Iranian petrochemical industry has the capacity to receive significant new investments from banks, the chief executive of the Export Development Bank of Iran said, adding that his bank is ready to support the industry.
EghtesadOnline: An official at the National Petrochemical Company (NPC) says that many foreign companies are interested in making investment in Iran’s petrochemical industry following the implementation of the Joint Comprehesive Plan of Action (JCPOA).
EghtesadOnline: It will take a minimum of two years for petrochemical investments to pay off, said an official at the state-run National Petrochemical Company, urging a mid- and long-term vision to develop the key industry.