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: A major plan for collecting and processing associated petroleum gas in the Bidboland Persian Gulf Gas Refinery, in Behbahan County, Khuzestan Province, will come on stream in spring.
EghtesadOnline: The completion of unfinished petrochemical initiatives should gain momentum with the allocation of new financial resources, a major part of which ought to come from foreign direct investment, director of planning and development at the National Petrochemical Company said on Wednesday.
EghtesadOnline: The Petrochemical Research and Technology Company of Iran signed a memorandum of understanding this week with France's Air Liquide Engineering and Construction Company on transferring state-of-the-art technology to convert methanol to propylene.
EghtesadOnline: Tehran is expected to start talks with Beijing over deferred payments for import of Iranian petrochemical products, said Marzieh Shahdaei, chief executive officer of the National Petrochemical Company.
EghtesadOnline: Urea production capacity is expected to rise nearly three times from current levels by the end of the sixth five-year economic development plan (2017-22).
EghtesadOnline: The National Petrochemical Company (NPC) has announced that the 57 active petrochemical plants in Iran are estimated to yield 60 million tons of petrochemicals this calendar year which ends on March 20 2018.
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: 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: Expanding the role and authority of the state-owned National Petrochemical Company is on the agenda of Majlis Energy Commission, the head of the commission said.