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Brazil is new market as Iran ups petrochemical sales
Brazil has emerged as a new destination for petrochemical shipments from Iran which is tapping new markets to compensate for sliding oil sales.
Petchem chief derides US sanctions on Iran
The CEO of Iran’s National Petrochemical Company shrugged off US sanctions on the country’s largest and most profitable petrochemical group, saying they will not impact the industry.
Iran to set up new petrochemical hub in coastal region
National Petrochemical Company of Iran (NPC) finalized a plan on Monday to construct the country’s third petrochemical hub across a coastal region in the southern province of Hormuzgan.
Minister: Iran’s annual petchem output to hit $40b
Iran’s Minister Bijan Namdar Zanganeh said Sunday that the country has the capability to double its annual petrochemical output to hit $40 billion worth annually.
Iran inaugurates $1.85 billion worth of petrochemical projects
Rouhani: Iran will export oil despite US pressure
Three-month petrochemical exports reach $3.15b
Iran exported 5.35 million tons of petrochemical products worth $3.158 during March 21-June 21.
Iran petrochem exports exceed $2.2b in two months
Iran exported 3,646,000 tons of petrochemicals worth $2.229 billion in the two months ending May 21, according to a report released by the National Iranian Petrochemical Company on Tuesday, according to IRNA.
Iran to make investment in new petchem hubs
Iran has decided to build more petrochemical plants in new petrochemical hubs in the next four years to produce more feedstock at the giant South Pars gas field in south of the country, a monthly affiliated to the Ministry of Petroleum reported.
Total nears deal to invest $2b in Iran's petrochemical industry
Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal, which, if finalized, could see the French oil major investing up to $2 billion (£1.5 billion) in Iran, said an Iranian oil industry official on Tuesday.
Iranian, South Korean companies sign €3b petrochemical deal
Iran's Ahdaf Investment Company and South Korea's Hyundai Engineering Company signed an agreement worth three billion euros to construct part of a petrochemical project in Iran.
Petrochemical production tops 23m tons
Over 23 million tons of petrochemical products were produced during March 20-September 5, showing a seven-percent increase compared to the figure for the same period last year.

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