Iran Petrochemical Industry

Deputy  Iranian Minister of Oil and CEO of Iran's National Petrochemical Industry Company, Morteza Shahmirzaei, marked a milestone on Monday at Asalouyeh Port, along the Persian Gulf, where Berth No. 17 Phase 2 witnessed the inauguration of Iran's first locally crafted cryogenic loading arm.

The Bandar Imam Petrochemical Company headquartered in the city of Mahshahr in southern Iranian Khuzestan Province has signed contracts worth $20 million with two domestic knowledge-based firms for the further development of the giant company.

The CEO of the National Iranian Company of Petrochemical Industries has predicted a substantial increase in the capacity of the sector.

The secretary general of Iran’s petrochemical industry guild union says new sanctions on the country will have no impact on its activities, although the bans could be part of a propaganda campaign and psychological warfare.

Iran is implementing propelling plans to step up its petrochemical production capacity during the administration of President Ebrahim Raisi’s tenure by 54 percent, according to IRNA.

A prosecutor at Iran’s Supreme Court has ordered the stoppage of the implementation of the Miankaleh Petrochemical Project in northern Iran due to its adverse environmental impacts.

Iran’s Department of Environment has announced the suspension of Miankaleh Petrochemical Project in the country’s northe, which has triggered a flurry of criticism by environmental activists.

The Iranian government is reportedly taking steps to end the construction of a controversial petrochemical plant in Miankaleh Peninsula, amid criticism that it will have a destructive effect on local environment.

Firefighters have put out a fire that on Thursday hit a petrochemical factory in the southern Iranian port city of Mahshahr.

The head of Iran’s National Petrochemical Company (NPC) says the country’s petrochemical production capacity will rise to 100 million tons annually by the end of next Iranian calendar year (March 20, 2023).

Iran has officially launched its first-ever specialized refinery designed to process super heavy crude oil on the southern Qeshm Island, as the country keeps promoting its energy sector regardless of tough US sanctions.

Despite widespread criticism, Abdolali Ali-Asgari has denied media reports on his resignation as the managing director of a giant Iranian petrochemical company.

100 Iranian lawmakers have called for an end to the government’s lack of control over the petrochemical industry.

Iran’s Presidential Office has rejected claims about President Ebrahim Raisi’s role in the appointment of Abdulali Ali-Asgari as Managing Director of the Persian Gulf Petrochemical Industries Company.