Iran Petrochemical Industry

Iran launches 1st cryogenic loading arm, highlights petrochemical industry’s path to self-sufficiency

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.

Major Iranian petchem company, 2 local knowledge-based firms sign contracts worth $20mn

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.

Iran’s petrochemical industry projected to grow 3 tons in production

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

Iran says new US sanctions having no impact on petrochemical industry

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 to increase petrochemical production capacity by 54%

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.

Iran Judiciary bans Miankaleh petrochemical factory in habitat of birds

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 suspends controversial Miankaleh petrochemical project

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.

Report: Iran govt. reconsidering Miankaleh Petrochemical plant

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.

Fire contained in Iran’s petrochemical complex, two injured

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

Iran annual petrochemical production capacity to hit 100m tons

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 opens first extra heavy crude oil refinery on key Qeshm Island

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.

Ali-Asgari dismisses resignation from Persian Gulf holding as ‘fake’

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

Iran MPs urge government to control petrochemical industry

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

Iran presidential office rejects claims of Raisi involvement in controversial appointment

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.

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