Tag Archives | National Petrochemical Company (NPC)

Marjan Petchem Plant Operational

Iran’s Marjan Petrochemical Plant is currently producing methanol in a sustainable manner. The newly-built facility is now fully operational and is supplying pure methanol, National Petrochemical Company (NPC) reported. Assaluyeh Green Tank Farm is responsible for the transfer, storage, and shipment of the plant’s output to the jetty for export. Marjan Petrochemical Co. is one […]

Iran, China ink Major Petchem Deal

Iran’s National Petrochemical Company (NPC) and the China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MoU) for construction of a petrochemical park in Iran by Chinese companies. NPC CEO Reza Norouzzadeh and Chairman of CPCIF Li Shousheng signed the document in Tehran on Monday evening (April 23, 2018), NIPNA reported. Speaking […]

Downstream Petchem Projects Launched in Mahshahr

Iran has launched three downstream petrochemical projects in the southwestern city of Mahshahr, adding 146,000 tons per year to the country’s petrochemical production capacity. The projects were launched in a ceremony held with senior Iranian petrochemical and petroleum officials in attendance on Monday, NIPNA reported. The units are built in 115,350 square meters of land […]

Iran ready to launch Petchem Projects

Iran is about to launch three major petrochemical projects which will add at least 146,000 tons to the country’s annual production capacity. The downstream projects will be launched in a ceremony slated for next week with Managing director of the National Petrochemical Company (NPC) Reza Norouzzadeh in attendance. The facilities are constructed with an investment […]

Austrians Interested in Joint University Activities with the Iran Oil Industry

Austrian companies are keen on joining academic activities in Iran’s oil industry, a visiting delegation from Vienna said. The willingness was signaled at the 4th Iran-Austria joint energy committee held in the central city of Isfahan where the Austrian delegation voiced their country’s keenness to join university activities in oil and gas industry of Iran. […]

BASF seeks Catalyst Technical Savvy from Iran

German petrochemical heavyweight BASF has ordered 180 tons of methanol synthesis catalyst from Iran’s Petrochemical Research and Technology Company (PTRC). According to the National Petrochemical Company (NPC), Esmaeil Ghanbari, PTRC managing director, said the item was 10 years in the making by PTRC and its quality has been approved by BASF as superior to its […]

Uzbekistan Keen to Invest in Iranian PetChem Projects

Uzbekistan has expressed willingness to invest in Iran’s petrochemical projects, the managing director of Iran’s National Petrochemical Company (NPC) said. Tashkent is eager to make investment in Iran’s petrochemical projects, methanol-to-olefin projects in particular, Reza Norouzzadeh said recently following a meeting with Alisher Sultanov, deputy Prime Minister of Uzbekistan, in Tehran, Shana reported. Two Iranian […]

Value-chain Completion top NPC Concern

An official with the National Petrochemical Company (NPC) says the company is highly concerned with completion of the value chain in the petrochemical industry of Iran. Addressing a specialized conference on nitrogen and gas synthesis, Farnaz Alavi, director of planning and development at NPC, said given the abundance of natural gas resources in Iran, many […]

Iran Eyes Petchem Deal with Total in a Month

Iran is about to sign a petrochemical deal with French energy major Total by November, a petrochemical official said. Director of investment at the National Petrochemical Company (NPC), Hossein Alimorad, said the Persian Gulf Petrochemical Industries Company (PGPIC) is about to sign a contract with Total to carry out economic studies on a petrochemical project […]

Iran Eyes 13 New Petchem Items by 2022

Iran’s National Petrochemical Company (NPC) has planned to facilitate production of 13 new petrochemical products by the end of the 6th five-year development plan to 2022. NPC is planning to import the required technical savvy and licenses from across the globe for production of the items. Iranian Minister of Petroleum Bijan Zangeneh has also voiced […]

“No Problem” in China’s Payment for Iran Petrochemicals

An Iranian deputy oil minister said minor issues impeding the payments Iran receives from China for the export of petrochemicals have been resolved. There has never been any obstacle to the Iranian export of petrochemical products, CEO of Iran’s National Petrochemical Company (NPC) Marziyeh Shahedaei [Marziyeh Shah-daei] said on Monday. As regards the delays in […]

Mahshahr Petzone to Launch 7 Infrastructure Projects

The petrochemical companies operating in Mahshahr Special Petrochemical Energy Zone (Petzone) will launch seven infrastructure projects in the region by the end of the current Iranian calendar year (20th March, 2018). Abdolreza Gholami, the Secretary of the strategic council of Mahshahr Petrochemical Companies, said the companies have financed the projects in line with their corporate […]

Ukraine Can Facilitate PetChem Exports to Europe

The Head of the National Petrochemical Company of Iran (NPC) Marzieh Shahdaei said Ukraine can facilitate exports of Iranian petrochemical products to Europe. In a meeting with Ukraine’s Ambassador to Tehran Sergei Buldiliak on Monday, Shahdaei called for enhanced cooperation between Tehran and Kiev in the sector of energy, Shana news agency reported. She added […]

France’s Air Liquide Signs Deal for MTP Plant

French industrial gases producer Air Liquide has signed a deal with Iran’s National Petrochemical Company (NPC) to build a 500,000 tons/year methanol-to-propylene (MTP) plant. Owned and operated by Iran’s Petrochemical Research and Technology Company (PRTC), the plant would be built in the southwestern Iranian city of Mahshahr, Shana news agency reported. The agreement was signed […]

Iran Eyes Petchem Deals with Int’l Majors Soon

A senior Iranian petroleum official says the country is about to sign several deals with international companies for developing petrochemical projects. Following a meeting with executives from Germany’s industrial gases company Linde, Amir Hossein Zamaninia, deputy petroleum minister in international affairs and trading, underlined the “very favorable” progress made in talks with leading international companies […]

PSEZ “Best Choice” for Petchem Investment

Iranian Minister of Petroleum Bijan Zangeneh says the Parsian Special Economic Zone (PSEZ) is the best place for petrochemical investment. Addressing a meeting of senior petroleum ministry officials held to discuss investment opportunities in the zone Sunday, the official voiced Iranian Ministry of Petroleum’s keenness to invest and support investments in the region. He expressed […]

Total to do Iran Petrochemical Deal?

By John Lee. Following the multi-billion dollar gas deal announced earlier this week, Platts reports that France’s Total is on the verge of making a big investment in Iran’s petrochemical sector. Oil Minister, Bijan Zanganeh was quoted in local media as saying that a deal involving a full ethylene production cycle is in negotiation. Marzieh […]

Iran considers launching Petchem Bank

Iran is considering establishment of a specialized bank for petrochemical investments and financing, an MP said. Saeid Bastani, a member of the industries and mines committee of the Iranian parliament, spoke about the highlights of the committee’s Tuesday meeting which was held in the presence of Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei. […]

Dutch Companies Consider Iranian Market

Dutch Ambassador to Tehran Susana Trestal voiced willingness of her country’s firms in joining petrochemical projects in Iran. Speaking on the sidelines of the 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2017), the Dutch official said her country is seeking ways to establish cooperation with Iranian partners in petrochemical projects. “We […]

Spain to Launch Support Center for its Firms in Iran

Spanish Ambassador to Iran Eduardo Lopez Busquets said his country plans to open a support center in Tehran in an attempt to provide guarantees for its firms active in the Islamic Republic’s petrochemical sector. Spain is keen on establishing a framework for accelerating interactions between Spanish and Iranian companies in order to facilitate financing of […]