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PGPIC CEO: Domestic petchem firms generate $10b in year to March
Iranian petrochemical companies injected close to $10 billion in foreign currency into the domestic economy in the year to March 2019, said the managing director of the Persian Gulf Petrochemical Industries Company (PGPIC) on Saturday.
Iran to offer petrochemical products in energy bourse
Iran is due to offer 10,000 tons of light naphtha, 2,000 tons of heavy naphtha and large cargoes of petrochemical products to domestic buyers through its energy bourse on Sunday, in a direct sale to bypass unilateral US sanctions.
Iran’s exports of petrochemicals up
The total amount of Iran’s petrochemical exports during March 21 – April 20 increased by 18 percent compared to the same period last year, data released by Iranian Customs Administration showed.
US cannot prevent Iran petchem exports: MP
A member of the Iranian Parliament said the US was unable to prevent the export of petrochemicals from Iran to global markets.
Official: US unable to sanction Iran’s petchem industry
Iran’s Deputy Oil Minister for Petrochemical Affairs Behzad Mohammadi said on Friday that the high global demand for his country’s diverse petrochemical products has made it impossible for Washington to impose sanctions on the sector.
MP: Completion of Andimeshk Petchem Plant proves US sanctions’ ineffectiveness
A member of the Iranian Parliament said the implementation of the ethylene oxide plant in the southwestern city of Andimeshk proves the ineffectiveness of US sanctions on Iran.
NPC: Iran's 10-month petchem exports exceeded $9.7b
Iran exported over 17 million tons of petrochemicals valued at more than $9.73 billion during March 20, 2018-January 20, 2019, according to National Petrochemical Company (NPC).
Iran to launch two petchem plants by March
Kaveh Petrochemicals Plant and the first phase of Bushehr petrochemicals facility are scheduled to go on stream by the end of the current Iranian year (March 20).
Finding alternative for Iranian petrochemicals not easy for importers: Official
Importers of Iranian petrochemicals cannot easily find an alternative source to buy such products, said the deputy head of Iran Association of Petrochemical Industry Corporation (APIC).
Iran plans to create new petrochemical complex
Iran plans to create a new petrochemical complex in the province of Hormuzgan, adjacent to the Persian Gulf waters.
Iran's petchem exports up by 32% in eight months
Exports of petrochemical products in the eight months from March 21 to November 21 increased by 32 percent compared to the figure for the same period last year, according to data released by Iran Customs Administration.
Oil minister: Major pressures on Iran aimed at stopping oil, petrochemicals exports
At present, the major part of the pressure on Iran is aimed at preventing its export of crude, gas, oil byproducts and petrochemicals, said Iran's oil minister on Monday.
Petrochem plants worth $8.5b under implementation
Several petrochemical projects are being implemented at a cost of about $8.5 billion by the Persian Gulf Petrochemical Industries Company (PGPIC), the company's managing director announced on Sunday.
Iran needs more foreign investment in petchem industry: Official
The secretary of the Association of Petrochemical Industry Corporation said Iran's petrochemical industry should attract more foreign investment.
Iran's petrochemical exports up 24%
A report on the export of non-oil products in the first six months of the fiscal year (March 21-September 22) shows that petrochemicals exports grew by 24 percent in value compared to the figure for the same period last year.

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