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Petchem revenue tops $14.5b in a year

7 July 2020 - 00:17
The CEO of National Petrochemical Company (NPC) Behzad Mohammadi has said that the petrochemical sector earned Iran $14.5 billion in revenue last calendar year to March 2020.

Rouhani inaugurates energy projects worth over $2b in 3 provinces

26 June 2020 - 23:26
Iranian President Hassan Rouhani inaugurated three energy projects worth $2.14 billion in three provinces via video conference on Thursday, Shana reported.

PSEEZ enjoys high potential for investment

26 June 2020 - 04:40
Nooshin Rahgozar, the commercial attaché of the Belgian embassy in Tehran, says that Pars Special Economic Energy Zone (PSEEZ) enjoys some high potential for investment making, Shana reported.

Mahshahr’s butane chain project to realize 2nd leap in petchem sector

26 June 2020 - 04:29
The first project in the butane chain in Mahshahr will be ready for operation with the aim of commercial production of three important and new items, parallel with planning for realization of the second petrochemical leap in Iran, Shana reported.

Over $1b invested to build 4 petchem parks across Iran

13 June 2020 - 23:40
Managing Director of Iranian Investment Petrochemical Group (IIPG) says nearly 44 trillion rials (about $1.04 billion) has been invested to construct four petrochemical parks across the country.

Asia-Pacific propylene prices fall from 11-week high

31 May 2020 - 04:15
Asia-Pacific propylene prices have started to fall this week after hitting an 11-week high of $760-805/t cfr northeast Asia in late May on a rise in spot supplies.

Smart petchem industry required for stable presence in global markets

31 May 2020 - 03:51
The managing director of Iran’s National Petrochemical Company (NPC) said that making the petrochemical industry smart is the only way for a stable presence in the global markets.

Iran’s Petchem Output Up by 6 Percent in 2 Months

19 May 2020 - 23:28
A senior energy official said that Iran's petrochemical complexes achieved a six percent rise in production in the first two months of the current Iranian year (started on March 20, 2020) compared to the corresponding period in the last year.

Iranian petrochemical production rises 6%

17 May 2020 - 19:34
The output of Iranian petrochemical production units in the first 50 days of the current Iranian calendar year (started on March 19) increased by six percent compared to the previous year’s same period, Shana reported.

Full Chinese tanks pressure methanol sellers

15 May 2020 - 19:35
Methanol sellers in Asia and the Middle East are under pressure to cut production rates or face demurrage costs as Chinese storage tanks have no space left.
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