Industry

Fourth IKCO Car to Enter Iran’s Market

The 4th IKCO brand car is going to enter the market by the end of this Iranian year, Mach 20, 2017.

3rd Europe-Iran Forum Opens in Zurich

The 3rd Europe-Iran Forum opened on Tuesday May 3 in Zurich, Switzerland. The 2-day event offers a new and innovative program designed to balance high-level networking opportunities with panels and industry-focused workshops of real practical value.

Oil Minister: $4bn to be Added to Iran’s Petrochemical Value

Petroleum Minister Bijan Zangeneh says over $4bn will be added to the country’s petrochemical value this calendar year.

IRGC to Build 5,500 Residential Units Each Year to Fight Deprivation: Commander

Major General Mohammad Ali Jafari, the commander of the Islamic Revolution Guards Corps, announced that the IRGC will use its equipment and volunteer forces to build 5,500 houses per year in deprived regions of Iran.

Iran Joins 8 Producers of Antimony Ingots

With its first antimony ingot plant operational in the southeastern province of Sistan-Baluchestan, Iran now stands among the eight producers of the product globally, IRNA reported.

VP to Open Lorestan Petrochemical Complex

Vice President Eshaq Jahangiri will inaugurate Lorestan Petrochemical Complex, western Iran, on Tuesday, May 3.

Rouhani on Workers’ Day: Stresses Need for Knowledge-Based Economy

Addressing a ceremony to mark International Workers’ Day (which coincides with national Teachers’ Day), President Hassan Rouhani congratulated Iranian workers, and said the Joint Comprehensive Plan of Action (JCPOA) was solving many national problems.

Labor Day: Iranian Workers

International Workers' Day (also known as Labor Day) occurs every year on May Day, May 1.

Plant-based motor oil introduced in Iran

An Iranian company has unveiled the country’s first generation of biodegradable engine oils.

Iran Sets New Record in Steel Exports

Deputy Trade Minister Mehdi Karbasian said Iran has set a new record in steel exports to global markets.

Iran and Canada to Cooperate on Oil Industry Equipment Construction

A high-ranking oil industry official said that Iran and Canada are to cooperate on building equipment related to oil industry surface facilities.

US company seeks Iranian petrochemical products

An Iranian energy official says a US company seeks to purchase petrochemical products from Abadan’s Petrochemical Co.

Iran to import Opel automobiles

Iranian Ministry of Industry has approved of importing cars produced at Germany’s Opel Automobile manufacturer company.

Iran to Build Petchem Hub in Austria

Iran is likely to build a petrochemical hub in Austria for gaining a better access to target markets in Eastern Europe, a senior Iranian petrochemical official said.

Iran’s melamine exports target European markets

Iran has been exporting melamine crystals to European countries such as Germany and Spain since Jan. 2016, Commercial head of Khorasan Petrochemical Complex said Monday.

Iran Opening Petrochemical Offices in Africa

Head of Marketing Department at Amir Kabir Petrochemical Company Diako Abbasi said plans are underway to open new petrochemical offices in Africa.

AEOI Head: Iran, EU Can Start Nuclear Cooperation from Fordo

Head of the Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi announced that Tehran and the European Union have held good discussions on nuclear cooperation and are now able to launch joint venture at Fordo uranium enrichment plant in Central Iran.

Talks Under Way at Iran Plast for Boosting Petchem Trade

Iranian exhibitors at the 10th Iran Plast Exhibition are working out future cooperation with their international counterparts at the showcase, a senior Iranian petrochemical official says.

Matteo Renzi: Peace is One of Italy and Iran’s Mutual Goals

Matteo Renzi, Italy’s Prime Minister, during a commercial meeting between two countries held in Iran’s Chamber of Commerce, said, “We are in Iran, but not only to sign economic contracts. There are many economic opportunities for both countries which should be taken seriously, but more than anything else, there is a common feeling between the two great civilizations of Persia and Rome.”

Iran, Kazakhstan to build joint shipping company

The Islamic Republic of Iran and Kazakhstan have agreed on the establishment of a joint shipping company.

High-speed train technology in Iran to be explored

Iran is going to hold a gathering to explore dimensions of high-speed train technology in the country.

NPC in Talks with European Chemical Heavyweight

Managing director of Iran's National Petrochemical Company (NPC) said the company is in talks with a major chemical company from Europe for joining Iran's petrochemical projects.

Iran to finalize initial contract with Fiat

Iran-Italy Joint Chamber of Commerce's Chairman expressed hope that Iran's initial contract with Fiat will get finalized with the normalization of the monetary and banking relations.

Italian Premier due in Iran Tuesday

Italian Prime Minister Matteo Renzi will visit Iran on Tuesday and will be accompanied by 120 leading economists and company representatives.

IME trading grows by 124%

415,000 MT of commodities worth over $157 million were traded in Iran Mercantile Exchange (IME) early April, the value and volume of trading experienced a growth of 99% and 124% respectively.

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