Abadan Petrochemical Company: A 50-year legacy that went bankrupt

Abadan Petrochemical Company: A 50-year legacy that went bankrupt

Abadan Petrochemical, as the first petrochemical complex in Iran, is facing a paradox between “oldness” and “efficiency” today, on the eve of its sixth decade of operation. This company, which was once a symbol of Iran’s industrial modernity, is now struggling with structural challenges in the production chain and a food supply crisis, despite its 14 percent share in the country’s PVC supply; a situation that has tied the survival of this strategic unit to ownership reform and infrastructure modernization.
Mismanagement brought petrochemical production to zero

Mismanagement brought petrochemical production to zero

Production in Khorasan, Lordegan, Kermanshah, Zagros, Sabalan, Kimia Pars, and many other urea and methanol petrochemical plants has dropped to zero; why? Because the only prescription of all governments to overcome the gas crisis is to close the gas valve of petrochemical plants.
Deputy Chairman of the Energy Commission: Arbitration of pricing of petrochemical ancillary services is the way to development

Deputy Chairman of the Energy Commission: Arbitration of pricing of petrochemical ancillary services is the way to development

The Deputy Chairman of the Energy Commission of the Islamic Consultative Assembly considered the transfer of arbitration in pricing ancillary services to the National Petrochemical Industries Company as an effective solution for further developing this industry, and said: Iran has a suitable capacity for expanding complementary petrochemical industries, and if it moves towards balanced development, significant benefits can be achieved.
Pricing arbitrage, an incentive to attract investment in petrochemicals

Pricing arbitrage, an incentive to attract investment in petrochemicals

The member of the Board of Directors of the Energy Commission of the Islamic Consultative Assembly, emphasizing the prominent role of the petrochemical industry in the development, job creation, and foreign exchange earning of the country, said: "Undoubtedly, determining the duties and arbitrating the pricing of petrochemical ancillary services will help attract investment in this industry."
The “Energy Pulse” drive aimed to reduce gas consumption by 10 percent

The “Energy Pulse” drive aimed to reduce gas consumption by 10 percent

The energy optimization manager of the National Petrochemical Industries Company announced the increase in the participation of gas subscribers in the "10% energy consumption reduction" campaign and said: "This plan is a five-year roadmap for resilience; a trust that has been placed in the hands of the people with the cooperation of petrochemical companies and is being implemented with full stewardship, transparency, and supervision."
Kermanshah Petrochemical Production Doubled

Kermanshah Petrochemical Production Doubled

Kermanshah Petrochemical Company recorded a brilliant performance this September, with a remarkable 96% growth in total production compared to the same period last year. This increase in urea and ammonia production contributed to the company's profitability, bringing its sales close to 3 trillion تومans.