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petrochemical

Iran’s annual petchem output hits 83.5 million tons

Iiran’s annual petrochemical production capacity increased by 13.5 million tons in the last fiscal year that ended on March 20.

Energy

Iran’s annual petchem output to exceed 60 million tons

The Iranian Oil Ministry expects output of petrochemical products will surge by nine percent for the year ending March 20.

Energy

Three major petrochemical plants come on line in western Iran

The Iranian government has launched three large petrochemical plants with over $1 billion in new investment as the country pushes ahead with plans to diversify the oil and gas sector by manufacturing more valuable products.

Energy

Iran launches three major oil projects

Iran has launched three major oil projects with an investment amounting to $1.25 billion as the country presses ahead with plans to expand its massive energy sector.

Energy

Iran petrochemical output rises by 6% YoY

Iran has seen its output of petrochemical products increase on a yearly basis despite forecasts predicting that the sector would experience a major slump after the spread of the coronavirus in the country and in major export markets.

Mine and Industry

Iran launches $5.6bn worth of energy projects with private sector co-investment

Iranian President Hassan Rouhani has opened several major energy projects which were developed with the private sector contribution.

Energy

Petrochem company in Lordegan starts ammonia production

The ammonia unit of Lordegan Petrochemical Company in western Chaharmahal and Bakhtiari Province has started production, the managing director said.

Mine and Industry

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 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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