EghtesadOnline: Japan’s Itochu Corporation signed a deal on Saturday to purchase 11,000 tons of polyethylene per month from the Persian Gulf Petrochemical Industries Company (PGPIC).

EghtesadOnline: Persian Gulf Petrochemical Industries Company and Parsian Oil and Gas Development Company intend to capture carbon dioxide (CO2) emissions in the city of Asalouyeh and use it to produce ammonia and urea, director of production control at the National Petrochemical Company said.

EghtesadOnline: Iran’s Persian Gulf Petrochemical Industries Co. is in talks with Asian companies to raise as much as 1 billion euros ($1.1 billion) for an expansion including a methanol project intended to serve China and other Asian customers.

EghtesadOnline: French international oil company, Total, and Iran's Persian Gulf Petrochemical Industry are expected to finalize a two-billion-dollar olefin project agreement until the end of the current Iranian calendar year, says an official.