Tag Archives | Morvarid

Iran Plans to Launch 5 Petchem Projects by March

Iran is to launch 5 new petrochemical projects within the remaining two month of the current calendar year to March 20, a senior petrochemical official said. Managing Director of the National Petrochemical Company (NPC), Marziyeh Shahdaei, said that 4 projects will come on-stream during the Fajr Decade, marked as the anniversary of the victory of […]

Iran Petchem Industry Ready for Foreign Investment

More than $50 billion is needed to be invested in Iran’s petrochemical industry. Many of stakeholders of petrochemical projects in Iran are actively developing their plans amid hopes for further gas production from South Pars gas field and the presence of foreign investors over the coming two years. With the completion of South Pars phases, […]

German Chemical Firms First to Fund Projects in Iran

The head of Iran’s National Petrochemical Company (NPC) said two leading chemical companies from Germany have signaled their readiness to spend between 8 and 4 billion euros for development of petrochemical projects to make Germany the first post-sanctions partner of the sector in Iran. Abbas Shari-Moqaddam said the two firms are yet to finalize the […]