Iran regains Europe’s petchem market
An NPC official announced that record of Iran’s petrochemical exports to Europe has been broken.
Iran ready to vie Saudi Arabia for petchem industries
Deputy oil minister has announced Iran’s readiness to launch a new rivalry with Saudi Arabia over the expansion of petrochemical industries in the post-sanctions era.
2nd China-funded petchem plant in Iran to be built
As the 1.9-billion-euro finance of the Bushehr Petrochemical Plant was activated the 1st phase of the project is expected to go operational within the next 11 months.
Linde, Mitsui offer $4b investment in Iran petchem projects
German-based company, Linde AG, in collaboration with Japanese company, Mitsui & Co., are planning to invest $4 billion in a number of Iran’s petrochemical projects, said Marzieh Shahdaie, the director for projects at the National Petrochemical Company (NPC).
Post-sanctions Iran ready to attract petchem investments
Iran’s petrochemical industry is ready to attract new domestic and foreign investments in a bid to boost completion of its development projects, said a board member of the National Petrochemical Company (NPC).
Belgian firm eyes Iran petchem exports to Europe
Chief commercial officer with the Belgian company Group Gheys said it is interested in doing business with Iranian partners as Tehran resumes exporting polymer to Europe in the wake of removal of sanctions.
Petchem production up by 4.5mn tons within months
Reporting the plan to increase petrochemical production capacity by 4.5 million tons in 100 days, deputy oil minister estimated the industry’s production capacity to reach 70 million tons per year by the end of the next Iranian year.
Iran eyes 53mt/y of petchem output in 2016
Iran will see its petrochemical output increase by nearly 12% during the calendar year to March 20 2017, bringing its output to nearly 53 mt/y, a senior petrochemical official said.