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Spanish Finance for Iran Petrochem Industry

EghtesadOnline: Spain’s ambassador to Iran announced that his nation’s banks are ready to finance the petrochemical industry, which facilitates Iran’s interaction with European companies.
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Publish Date:09/May/2017 | 05:01

R&D Agreement With Norway Co.

EghtesadOnline: The Petrochemical Research and Technology Company signed a memorandum of understanding with Norway's Norner institute on transferring modern technology to produce higher grades of polypropylene.
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Publish Date:24/April/2017 | 09:35

Tehran Seeks $40b for Petrochemical Projects

EghtesadOnline: Tehran is keen to open up its petrochemical industry to multinationals and propel foreign investment as it seeks to expand its foothold in the global petrochemical market.
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Publish Date:23/April/2017 | 10:19

Japan Firm in Talks for $1 Billion Petrochem Project in Iran

EghtesadOnline: Talks are underway between the National Petrochemical Company and Japan’s Sojitz Corporation on building a petrochemical plant with a total investment of €1 billion ($1.06 billion), said Hossein Alimorad, a NPC deputy for investment.
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Publish Date:16/April/2017 | 06:36

Iran to earn $11bn out of petrochemical exports this year

EghtesadOnline: Deputy Minister of Petroleum for Petrochemical Affairs Marzieh Shahdaie says about 23 million tons of petrochemicals, worth $11 billion, are to be exported this year (started March 21).
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Publish Date:05/April/2017 | 13:00

Minister: Petrochemicals production increases to more than 9mt

EghtesadOnline: Minister of Petroleum Bijan Zangeneh said on Saturday that by creating new petrochemical complexes in the country, around 9.5 million tons of petrochemicals have been added to the output of the industry.
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Publish Date:26/March/2017 | 10:32

Hyundai Engineering in $3.2 Billion Iran Deal

EghtesadOnline: South Korea's Hyundai Engineering Co. signed an agreement on Sunday for financing and constructing the second phase of Kangan Petro Refining Complex -- a major petrochemical and refinery project in southern Bushehr Province.
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Publish Date:13/March/2017 | 05:49

Talks held for $13bn investment in petrochemical sector

EghtesadOnline: Deputy Minister of Petroleum for International Affairs and Trading, Amir-Hossein Zamaninia, says talks have been held after the JCPOA for attraction of $13 billion.
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Publish Date:09/March/2017 | 16:47

Iran exports 17m tons petchem products

EghtesadOnline: Iran has exported about 17 million tons of petrochemical products since the beginning of the current Iranian calendar year (will end March 20, 2017), a senior energy official said.
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Publish Date:09/March/2017 | 16:40

Iran Sees Prospect for Petrochemical Plants in Caspian Region

EghtesadOnline: Iran's northern regions straddling the Caspian Sea could emerge as new hot spots for petrochemical production, Oil Minister Bijan Namdar Zanganeh said on Tuesday, signaling the government's intention to diversify and expand the key petrochem sector now largely concentrated in the south.
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Publish Date:08/March/2017 | 16:10

NPC Targets $20b in Petrochemical Export Revenues

EghtesadOnline: Petrochemical exports can generate $20 billion annually within the next few years, taking a major leap forward compared to revenues when international sanctions were in place, an official at the National Petrochemical Company said on Sunday.
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Publish Date:07/March/2017 | 13:45

South Africa to build a GTL complex in Iran

EghtesadOnline: Investment in Petrochemical industry, especially construction of a GTL (Gas to Liquids) unit by capacity of 50,000 barrels were among the most important issues discussed in negotiation between Iran and South Africa.
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Publish Date:06/March/2017 | 05:27

Oil official: Iranian companies should get more powerful

EghtesadOnline: Deputy Minister of Petroleum for Petrochemical Affairs Marzieh Shahdaie said on Tuesday that Iranian petrochemical industry is an international industry and Iranian companies should raise their competitive power globally.
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Publish Date:01/March/2017 | 09:41

Petrochemical Company in Talks With France's Axens

EghtesadOnline: In line with policies to develop petrochemical projects, negotiations are underway with France's Axens to provide Kian Petrochemical Company (KPC) with technical expertise to produce high value added commodities, says an official at the National Petrochemical Company.
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Publish Date:18/February/2017 | 05:54

Iran's Petrochemical Revenues Take a Hit

EghtesadOnline: Iran’s revenues from the export of petrochemical products fell by around $660 million in the 10 months to January 19 compared with the corresponding figure of previous year, reflecting the slump in oil prices that prevailed in much of last year.
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Publish Date:15/February/2017 | 11:36

Iran’s export of petrochemical products exceeds $7bn

EghtesadOnline: The total amount of export of petrochemical products of Iran exceeded seven billion dollars in the first ten months of the current Iranian year (March 20, 2016-January 20, 2017).
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Publish Date:12/February/2017 | 09:54

Iran Plans to Convert CO2 Into Value-Added Products

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.
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Publish Date:30/January/2017 | 06:09

Iran Plans to Collect CO for Urea, Ammonia Production

EghtesadOnline: The National Petrochemical Company is looking into ways to capture and convert harmful carbon monoxide (CO) emissions into urea and ammonia, said the managing director of NPC, Marzieh Shahdaei.
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Publish Date:18/January/2017 | 24:49