News Categories

Domestic Building of 4 South Pars Platforms Saves Iran $150m

17 July 2019 - 20:05
Iran has saved as much as 150 million dollars by domestically manufacturing 4 platforms belonging to the massive South Pars gas field.

Plant Breaks Record in IPO

17 July 2019 - 20:02
Noori Petrochemical Plant, whose stocks were quoted in the Iranian stock market in its initial public offering (IPO), broke a new record as over 560,00 traders were involved in trading its shares on Saturday.

TPO to dispatch trade delegation to Germany in mid-Oct.

15 July 2019 - 23:13
Iran’s Trade Promotion Organization (TPO) plans to dispatch a trade and marketing delegation to Germany in mid-October, the portal of the organization announced.

Lotte Chemical, GS to build C4 and BPA chain plants

15 July 2019 - 18:49
Two of South Korea's biggest conglomerates are joining forces to build new C4 fractionation and bisphenol A (BPA) chain plants on the country's southern coast.

Iran to Increase Annual Pet-Chem Output by 50%

12 July 2019 - 22:05
Iranian First Vice-President Eshaq Jahangiri said that Iran’s petrochemical production capacity is expected to reach 90 million tons per year in 2020, saying that the industry’s annual output will witness an almost 50% rise from the current yearly production of 64 million tons.

First VP: Iran’s petrochemical capacity to reach 90m tons by 2021

10 July 2019 - 01:47
Iran’s petrochemical production capacity will exceed 90 million tons by 2021, if the 18 petrochemical projects currently under implementation in the country are completed in the next two years, said First Vice President Es’haq Jahangiri.

Iran to expand Mahshar petchem hub to add 6m tons of new capacity

10 July 2019 - 01:36
Head of Iran’s National Petrochemical Company (NPC) unveiled a plan for construction of a new petrochemical hub in Mahshahr Petrochemical Special Economic Zone in order to add up to six million tons (mt) of new capacity to the zone.

13% Rise in Iran's Non-Oil Trade With Italy

9 July 2019 - 19:49
Iran traded 21,156 tons of non-oil commodities worth $83.93 million with Italy during the first Iranian month (March 21-April 20), registering a 1.14% and 13.11% growth in tonnage and value respectively compared with the year before, latest data released by the Islamic Republic of Iran Customs Administration show.

Chile goes carbon-neutral, begins closing first eight coal-fired power stations

27 June 2019 - 19:35
Chile is stepping up efforts to switch entirely to renewable energy by 2040 by kicking off the process of closing eight coal-fired power stations over the next five years.

Former Official: Iran's Petrochemical Products Hard to Trace

10 June 2019 - 00:04
Former Managing Director of the National Petrochemical Company (NPC) Abbas Shae'ri Moqaddam downplayed the impacts of the US petrochemical sanctions against Iran, saying that finding the origin of such products is not easy.
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