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Petrochem

  • EghtesadOnline: With the launch of 13 petrochemical projects by March, Iran’s petrochemical production capacity will reach 90 million tons per year from the current 70 million tons.

  • EghtesadOnline: Construction of Masjed Soleyman Petrochemical Company's ammonium and urea units in Khuzestan Province is almost over and will come online by the end of the current fiscal year (March 2021), director of the project said.

  • EghtesadOnline: The 55 petrochemical companies in Iran produced 31 million tons of products in the last fiscal (ended in March) and exports generated $9.5 billion, managing director of National Petrochemical Company said.

  • EghtesadOnline: Iran will have produced $215 million worth of catalysts for the petrochemical industry by 2022, managing director of the Petrochemical Research and Technology Company said.

  • EghtesadOnline: Tehran stocks rallied on Monday amid rising demand for shares of major petrochemical firms. The main index of Tehran Stock Exchange TEDPIX gained 2,644.41 points, or 0.74%, on Monday to stand at 359,365.5.

  • EghtesadOnline: Exports from South Pars Gas Field off the Persian Gulf in the eighth month of the fiscal year (Oct. 23-Nov. 23) increased by 39% in volume compared to the same period last year, head of the customs office of Pars Special Economic Energy Zone said on Wednesday.

  • EghtesadOnline: In line with its environmental policy, Bandar Imam Petrochemical Company in southwestern Khuzestan Province has started a project to collect and recycle all its wastewater in a single unit that will come online by March, the managing director said.

  • EghtesadOnline: Iran will invest $40 billion in the petrochemical sector to increase annual output from the current 66 million tons to 133 million tons over six years, managing director of the National Petrochemical Company told reports on Monday.

  • EghtesadOnline: Oil, gas and petrochemical projects, valued at more than $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of which $283 billion are being implemented, as the region gets ready to meet the forecast increases in demand for energy over the next two decades.

  • EghtesadOnline: Non-oil exports from the giant South Pars gas field off the Persian Gulf shows an upward trend despite the new US sanctions, head of the customs office of Pars Special Economic Energy Zone said.