Petrochemicals

Iran Petchem Revenues to Reach $25b in 2021

Iranian oil minister announced on Thurs. that the country’s petrochemical income is expected to reach $25 billion at the end of the next Iranian calendar year (March 20, 2022), Trend reports citing Mehr. According to Bijan Namdar Zanganeh, Iran could earn $11 billion of revenues in the first boom of …

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Iran’s Petrochemical Income Rise up by 80%

CEO of Iran’s National Petrochemical Company (NPC) Behzad Mohammadi said on Monday that the revenue has increased by 80% in the new Iranian year (started March 20). Some 17 new plans have opened, which has led to 60% increase in output capacities of petrochemical plants, said Behzad Mohammadi on a …

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COVID-19 could Cost Ethanol Industry $10 Billion

The COVID-19 crisis has led to more than $3.4 billion in lost revenues for the U.S. ethanol industry, according to an economic analysis released by the Renewable Fuels Association. Based on the latest projections from the Energy Information Administration and the Food and Agriculture Policy Research Institute, the RFA study …

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