EghtesadOnline: Iran’s petrochemical revenues are projected to increase by $4 billion compared to last Iranian year (March 2021-22) and reach $19 billion by the end of the current fiscal year (March 2023)
EghtesadOnline: The National Petrochemical Company plans to raise its production capacity to 133 million tons per year by 2025 and to do so, it has devised 48 projects that need an investment of $30 billion, NPC’s director of planning and development said.
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 Majlis Research Center in a report said Iran will need 29,000 tons of catalysts annually by 2026 worth an estimated $692 million for the petrochemical, refining and gas sectors, head of the Catalyst Technology Development Department of the Research Institute of Petroleum Industry said.
EghtesadOnline: With domestic and international demand rising at a rapid pace, investment in the key petrochemical industry, now around $80 billion, will reach $108 billion by 2027, managing director of the National Petrochemical Company said.
EghtesadOnline: Three petrochemical plants costing $1.1 billion were launched in the western provinces on Thursday.
EghtesadOnline: Jam Petrochemical Company in Asalouyeh, Bushehr Province, has set a new record in producing a polyethylene grade, HD-52518, at its linear low-density polyethylene (LLDPE) unit.
EghtesadOnline: The project to eliminate the volatile organic compounds emissions from a wastewater treatment unit at Tabriz Petrochemical Plant in East Azarbaijan Province has been launched as the company moves to help protect the environment and become more eco-friendly.
EghtesadOnline: Petrochemical Research and Technology Company has been granted a patent from the European Union for developing technology to convert methanol to propylene (MTP), the managing director said.
EghtesadOnline: Petrochemical companies in Iran produced 30 million tons in the last fiscal that ended in March, of which 22 million tons were sold in global markets, managing director of National Petrochemical Company said.