EghtesadOnline: A llowing petrochemical plants to produce gasoline is the worst strategy to overcome the deficit caused by growing consumption, said former managing director of the National Iranian Oil Refining and Distribution Company.
EghtesadOnline: The volume of natural gas consumed by 67 petrochemical companies in Iran is negligible compared to the industry’s revenue-generating potential.
EghtesadOnline: Several projects have been planned to add 3.5 million tons to the country's petrochemical production capacity, of which 60% or 2 million tons belong to the propylene chain, director of planning and development at the National Petrochemical Company said.
EghtesadOnline: Revenues generated by selling petrochemical products in domestic and international markets are predicted to reach $21.5 billion by the end of the current fiscal year (March 2021-22), managing director of National Petrochemical Company said.
EghtesadOnline: The first phase of the wastewater treatment plant of Damavand Petrochemical Utility Plant in Asalouyeh, Bushehr Province, was launched on Monday.
EghtesadOnline: The production of different grades of polyethylene terephthalate (PET) products at Shahid Tondgouyan Petrochemical Company in Khuzestan Province exceeded 106,000 tons in the third month of the current Iranian year (May 22-June 21), bringing the cumulative production of the first three months of the year to 290,000 tons.
EghtesadOnline: Petrochemical production in the first three months of the fiscal 2021-22 reached 16.5 million tons, director of Production Control Department at the National Petrochemical Company said.
EghtesadOnline: The first phase of Ibn Sina Petrochemical Company in Mahshahr, Khuzestan Province, will be launched in the near future to complete the butane value chain, managing director of the company said.
EghtesadOnline: Persian Gulf Petrochemical Industries Company has got the go ahead from the High Council of Securities and Exchange, the stock market policymaker, to set up an investment bank.
EghtesadOnline: Completing the value-added petrochemical production chain in petrochemical sector can help cut import of strategic commodities like propylene and also develop the key downstream sector, managing director of the state-owned National Petrochemical Company said.