Petrochemicals

Iran planned to speed up implementation of petrochemical projects with the aim of increasing the capacity of propylene- colorless gas- production to three million tons in a year, said an official of the Oil Ministry on Sunday. Deputy Oil Minister Behzad Mohammadi made the remarks according to a report by …

Iranian Oil Minister Bijan Namdar Zanganeh said the country’s petrochemical production capacity is planned to cross 100 million tons per year by the end of the current fiscal (March 2021). Speaking to local radio, Zanganeh underlined the most important plans of his ministry this year, saying, “We must all take …

Iran’s Farabi Petrochemical Company is now capable of running storage tanks in the country.

Experts at Iran’s Jam Polypropylene Plant have successfully localized manufacturing of an important part of an extruder machine.

The director of production control at the National Petrochemical Company said: From the beginning of this [calendar] year (March 20) to May 10, the country’s petrochemical complexes achieved a 6% increase in production compared to the same period last year. According to NPC, Seyed Jalal Mir Hashemi, referring to the …

Saudi Aramco said on Tuesday its planned acquisition of a 70% equity stake in petrochemical maker SABIC from the Public Investment Fund (PIF), the kingdom’s wealth fund, is on track to close in the second quarter. The statement by the state oil giant was made in response to a Reuters …

The 338,371 cbm tanker was welcomed at the new 300,000-tonne crude oil terminal of Sinopec Zhongke Refinery Port, which forms part of the company’s “front terminal, rear plant” production model. Housed 1,100 metres from Sinopec’s refinery plant, the petrochemical port features eight terminals including a 300,000-tonne crude oil berth, 100,000-tonne …

This complex was able to achieve a new record in production and sales last [calendar] year by supplying more than 2.5 million tons of various items.

Pardis Petrochemical Company has received the two 2-star silver statues of the 5th National Energy Management Award.

The CEO of Arvand Petrochemical Plant said his company’s output had increased by 11 percent year-on-year in the first month of the current calendar year (March 20-April 20).