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petrochemical

Iran’s petrochemical industry output up 6% YoY

A senior Iranian energy official said that the country’s petrochemical complexes achieved a 6 percent rise in production in the first two months of the current Iranian year (started on March 20, 2020) compared to the corresponding period in the last year.

Energy

Coronavirus to cut Iran petchem revenues by 30%: Report

The Iranian Parliament’s Research Center (IPRC) said in its Saturday report that petchem revenues would fall by at least 30 percent in the current calendar year which started in late March compared to the year before.

Energy

Iran petrochemical revenues will rise 47% in two years: Rouhani

Annual petrochemical revenues are expected to reach $25 billion in 2021, President Hassan Rouhani announced on Monday addressing investors and businesses involved in the petrochemical industry in Tehran.

Energy

Iran load/unload of petchem cargoes surge

A new report shows that load and unload activity for petrochemical cargoes at the Iranian ports have surged by almost a third in one month despite sanctions imposed by the United States that seek to hamper the country’s trade of crude and related products.

Trade

Iran to develop third petchem hub in Persian Gulf in blow to US sanctions

The move comes a few days after the US levied sanctioned on Iran’s petrochemical sector. The third hub is about to increase Iran’s petrochemical production by 15 million tons.

Energy

US sanctions on Iran petrochemical sector mere propaganda: Analysts

Analysts and officials say such punitive measures are no concern for Iran, because clients of the Iranian petrochemical companies won’t abide by the sanctions.

Energy

Total eyes further investment in Iran

Iran and Total are in the final stages of hammering out a long-delayed gas deal, focusing on the South Pars gas field’s 11th phase.

Energy

Iran in talks with France, Germany, Britain on petchem projects

Iran is negotiating with major European enterprises from France, Germany and Britain on cooperation in petrochemical projects, an official announced, saying the talks have not still led to any agreement.

Energy

Iran’s Fire-Stricken Petchem Plant to Return to Service in 2-3 Weeks: Minister

Iranian Oil Minister Bijan Namdar Zanganeh said the Bu Ali Sina petrochemical refinery complex in the southwestern port city of Mahshahr will become operational again within the next few weeks.

Energy

Iran resumes petrochemical exports to Britain

Iran has sent a petrochemical consignment to the UK for the first time in post-sanctions era.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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