Tag Archives | petrochemicals

Iran Petchem Holding Talks with Japan for Tech Transfer

Iran’s Parsian Oil & Gas Development Group Co. (PODGC) is holding talks with a Japanese company for receiving the technical savvy for production of ethylene glycol from natural gas, PODGC director said. Mohammad Ebrahim Yousef Zadeh said the item is produced based on ethylene which is a pretty costly raw material for ethylene glycol production. […]

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. […]

Maroon Petchem Plant to sign Deals with Euro Firms

Maroon Petrochemical Plant (MPP) is to sign deals with Shell and two Italian companies for development of two projects, the MPP managing director says. Rahim Sharif Mousavi said one of the projects will concern the ethyl oxide unit of the facility, adding Italy’s engineering company Maire Tecnimont will join the project as one of its […]

PGPIC, European Firm Partner in Petchem Project

Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) and a European company have partnered to build a major petrochemical project in Iran, PGPIC said. PGPIC managing director Adel Nejad Salim said the company has struck a €3b agreement with the European company to build a petrochemical facility in Assalouyeh, Iran’s energy hub located in the southern […]

Germany’s Lewa Back in Iran Oil, Gas Sectors

Lewa, a worldwide leading manufacturer of industrial equipment, is resuming its activities in Iran in the wake of removed oil and gas sanctions. Speaking to Shana, Joachim Bund, head of Lewa’s sales division, said his company has been serving goods for decades in Iran and installs pumps in projects in all offshore, upstream, petrochemical, downstream […]

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 […]

Norwegian Firm in Iran Tech Transfer

Iran’s Petrochemical Research and Technology Company (PRTC) signed a heads of agreement (HoA) with Norway’s Norner, a global market leader of Industrial R&D services in polymers, for transfer of state-of-the-art technical savvy for production of polypropylene to PRTC. From PRTC Esmaeil Ghambari, the company’s managing director, and from Norner, director of its business development, Lars […]

New PetChem Projects to Come Online in Assaluyeh

Head of the National Petrochemical Company of Iran (NPC) Marzieh Shahdaei has said seven new petrochemical projects will come on stream in Iran’s Pars Special Economic Energy Zone by the yearend. Seven petrochemical projects will become operational in the South Pars gas field in Assaluyeh on Iran’s Persian Gulf coast by the end of the […]

Korean Company considers setting up Petchem Plant in Iran

By John Lee. South Korean chemical and textile company Hyosung Corporation has reportedly signed a memorandum of understanding (MoU) with Iran’s state-run National Petrochemical Company (NPC). According to Pulse News the company said it has been in talks with Iran with a view to setting up a polypropylene (PP) production base in the country, but has […]

Plant Eyes Europe as Future Market for MEG Output

Morvarid Petrochemical Plant, a supplier of monoethylene glycol (MEG) in Iran, is planning to expand its export markets to Europe and India. The plant’s managing director, Gholamreza Jokar, said the previous calendar year which ended on March 20 was a favorable year for his company as it bolstered activities at its MEG unit and could […]