Industry

Industry of Iran – Views and reports from various sectors of Iran’s domestic resource extractors, producers and service providers

Industry

Iran Khodro, Peugeot-Citroen open joint firm

IFP Media Wire -
The largest automaker in the Middle East, Iran Khodro, and its old partner, France's Peugeot-Citroen (PSA), have announced the launch of a joint auto company in the Iranian capital Tehran.
Industry

Global Companies Looking to Invest in Iran’s Petchem Projects: PCCI

IFP Media Wire -
A senior official with Iran’s Petrochemical Commercial Company International (PCCI) said it has started talks with international enterprises over investments in the country’s petrochemical sector.
Media Wire

Iran-EU Banking Issues Resolved in Mining Sector

IFP Media Wire -
The Deputy Industry Minister announced that Iran’s banking issues with European countries have been fully resolved in terms of financing Iranian mining projects.
Media Wire

Iranian Firm Building First Catamaran Passenger Ship

IFP Media Wire -
An Iranian company has begun to manufacture the country’s first catamaran passenger ferry with a capacity to carry scores of people.
Media Wire

Iran Refinery Output at 1.83mbd

IFP Media Wire -
Iranian refiners produced 1.83 million barrels per day of refinery items in the current Iranian calendar year which began on March 20, a senior refinery official said.
Selected

EU Removes Iran Air from Safety Blacklist

IFP Editorial Staff -
The European Commission announced on Thursday that the Iranian flag carrier Iran Air has been taken off a safety blacklist and has thus been cleared to fly in the European Union.
Media Wire

Tehran and Tokyo Sign New Water Agreement

IFP Media Wire -
Iran and Japan have signed a cooperation document on capacity development for the integrated management of water resources.
Media Wire

Iran Producing Precision Farm Machinery

IFP Media Wire -
After unveiling a ditcher machine and a laser scraper made by one of the knowledge-based companies in Dezful, Iran joined the list of countries producing precision-guided laser and satellite farm machinery.
Industry

World’s Best Turquoise Extracted by Villagers: Dynamite, Cancer, and Money!

IFP Editorial Staff -
“The people of this village make huge money by extracting turquoise.” This is what many people in Nishapur say about the residents of Ma’dan village, who have leased the turquoise mine from the government for a 25-year period, and are extracting the precious stone themselves.
Economy

Iranian Mines Account for 16% of Non-Oil Exports

IFP Media Wire -
Iran’s Ministry of Industry has announced that Iranian mineral products and industries accounted for 16.5% of the country’s non-oil exports last year.
Media Wire

Petchem Exports Up 46% in Two Years: Zangeneh

IFP Media Wire -
Iranian Minister of Petroleum Bijan Zangeneh said Iran's export of petrochemical products stood at 18.7m metric tons in the previous Iranian calendar year, which ended on March 19, up by 46% from two years earlier.
Media Wire

Iran and Turkey Sign Deal to Build Industrial Park

IFP Media Wire -
Iran and Turkey have signed an agreement to construct an industrial park in Iran in a bid to boost mutual cooperation between the two neighbouring countries.
Media Wire

Germany’s BASF Reopens Bureau in Tehran

IFP Media Wire -
An official has announced the reopening of the Tehran office of Germany’s BASF SE, the largest chemical producer in the world.
Energy

Iran to Boost Gasoline Refining Capacity

IFP Media Wire -
Iran says it has devised a serious plan to increase its refining capacity for crude and condensate by more than 70% within the next four years as it tries to cut its reliance on gasoline imports.
Economy

Iran’s Car Market to Be Dominated by the French Once Again

IFP Editorial Staff -
Iran’s Saipa and France’s Citroen are finalizing a deal that will let the French monopolize the Iranian car market on the contrary to what Rouhani’s government had promised.
Media Wire

Iran Started Polypropylene Exports to Europe

IFP Media Wire -
Iran's Jam Petrochemical Company (JPC) started exporting products including polypropylene to Europe in the final months of previous Iranian calendar year (ended March 19, 2016), the company's senior official said.
Media Wire

Signs of Hope Emerge in Housing Market

IFP Media Wire -
The managing director of the Office for Housing Planning and Economy (affiliated to the Ministry of Roads and Urban Development) says the recent increase in home sales could be a good omen for the Iranian property market.
Media Wire

Iran’s Refining Capacity to Surpass 1.8m bpd This Year

IFP Media Wire -
Iran's refining capacity will surpass 1.8 m bpd during this Iranian calendar year (started March 20, 2016), a senior NIOPDC official said.
Media Wire

Iran’s Industry Minister to Meet Russia’s Energy Minister

IFP Media Wire -
Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh and Russian Energy Minister Alexander Novak are scheduled to hold talks at an upcoming major international economic conference in St. Petersburg.
Industry

Iran’s Private Sector Steel Production Rising despite Global Decline

IFP Media Wire -
The Iranian private sector steel industry is experiencing a boom contrary to international downturn, a report said.
Industry

Handicraft Expo Breaks Record

IFP Media Wire -
The sales of items crafted by Iranian artisans in the 26th Iran Handicrafts Exhibition broke the record set last year.
Industry

Iran Exports More Than 25% of Its Cement

IFP Media Wire -
A new report says that Iran exported more than 15m tons of locally produced cement over the last Persian calendar year (ended March 19).
Energy

Iran to Produce Customized Oil in Two Years: Official

IFP Media Wire -
Managing Director of the Iran Oil Terminals Company (IOTCO) Pirouz Mousavi said Iran is going to start producing customized oil in two years.
Energy

Petchem Export Integration Is Top NPC Priority

IFP Media Wire -
Marziyeh Shahdaei, Deputy Petroleum Minister in petrochemical affairs, says talks are under way with leaders of Iran's petrochemical holdings in a push to bring their exports together.
Industry

Iran and Peugeot Launch New Talks

IFP Media Wire -
The Deputy Industry Minister described the details of Iran’s new negotiations with France’s Peugeot over automobile parts manufacturing.
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