Petrochemicals

Touraj Dehqani. CEO of Petroleum Engineering and Development Company (PEDEC). has said the company plans to increase production from the Yadavaran oil field.

Iran’s petrochemical industry has over recent years bolstered its presence in the international markets in a bid to increase its share in the lucrative global petrochemical trading.

Persian Gulf Fajr Energy Co. CEO said the firm saved 150 billion Iranian rials by localizing manufacturing of 700 items in Iran.

An Israeli cybersecurity firm has identified a new type of ransomware that it believes was created by Iran and has the ability to lock up or even delete industrial control systems.

Karoon Petrochemical Company had plans to unveil new items within the next 6 months which would enhance the firm’s profitability and competitiveness in the world market.

The company had already fulfilled 85% of its planned output. adding the company was bracing to break its production record by the end of the current calendar year to March 20.

Last year. four of the eight tanks in the project were put into operation.

A total of 15 petrochemical plants are affiliated with the Persian Gulf Petrochemical Industries Company (PGPIC).

Petrochemical companies were lauded at the 22nd top 100 Iranian companies ranking conference (IMI-100).

Pars Petrochemical Complex announced it would break its production record by the end of the current Iranian calendar year to March 20.