By implementing an innovative plan, review and revision of the C311 compressor, one of the most energy-intensive equipment in the olefin unit, Ariasassol Polymer Company succeeded in reducing energy consumption in the complex by 5%.
The CEO of Bandar Abbas Oil Refining Company stated: The major overhaul of the viscosity reduction and gasoline purification units of the Bandar Abbas Oil Refinery was successfully completed in 22 days.
Iranian urea export prices for January loading have increased to $307 per ton on a FOB basis, compared to $303-$304.5 per ton previously.
Referring to the gas outages of some petrochemical companies, the Secretary General of the National Petrochemical Industries Employers Association said: "Unfortunately, this issue has put pressure on production and we predict that our exports will decrease by at least $1 to $1.3 billion compared to last year." Recently, the CEO of the National Petrochemical Company announced that the Central Bank has allowed 50 percent of the foreign exchange earned from the export of petrochemical products to be invested in the petrochemical companies themselves.
The plan to investigate petrochemicals has so far been signed by more than 25 members of parliament.
For the first time in the country, Ghadir Petrochemical has made a major leap in the country's medical industry by producing medical grade PVC. This achievement will not only reduce our dependence on importing this vital product, but will also help improve the quality of Iranian medical products and compete with foreign products.
The CEO of the Farhangian Reserve Fund emphasized Petrofarhang Holding's efforts to enter the downstream petrochemical industries and other profitable fields.
The CEO of the National Petrochemical Industry Company said: Iran's petrochemical industry can achieve the goals set in the development path with balanced development and expansion of complementary industries.
The Director of Health, Safety, Environment and Passive Defense at the National Petrochemical Industries Company announced the identification of high-risk petrochemical areas and tanks in the Pars Special Economic Energy Zone (Asalovia) and said: "A project to improve the safety level of tanks in this area is being implemented."
Joint investment with Iran in the petrochemical sector is only part of the Tashkent government's broad goals for developing its industries, and it seems that Iran's share in this field can increase further with appropriate and calculated policies and investments.
