The planning director of the National Petrochemical Company, emphasizing the focus on the downstream and reaching a capacity of 131 million tons by the end of the Seventh Plan, said that producing gasoline from methanol is not economically viable.
The CEO of Ilam Petrochemical Company announced the successful completion of the overhaul of various units of this complex and said: "This extensive operation was completed without any incidents, despite the increase in the volume of activities compared to last year."
Major repairs to the ethylbenzene and styrene monomer units and emergency repairs to the ethane extraction unit of Pars Petrochemical Company have begun.
Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.
Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.
The Director of Planning and Development of the National Petrochemical Industries Company said: "By the end of the Seventh Plan, we will reach a capacity of 131 million tons at the end of the plan, and we will reach these capacities."
Iran's urea and ammonia industry, which for years was known as one of the few stable channels for foreign exchange to enter the country, is today under triple pressure from questionable feed price policies, long-term gas outages, and a volatile global market.
The CEO of the National Petrochemical Industries Company announced the targeted development of the petrochemical industry in deprived provinces based on territorial planning and said: "Completing the value chain in the provinces in accordance with the climate, resources, and regional needs is on the agenda with the aim of balanced and sustainable development of the country."
The Secretary General of the Iranian Petrochemical Industry Employers' Association emphasized the necessity of completing the value chain in the petrochemical industry at the opening ceremony of the 19th Iran Plast Exhibition.
In an interview with this media outlet, the CEO of Shazand Petrochemical Company described the company's most important recent challenge as the cessation of gasoline exports to Afghanistan, saying that as the country's standards became stricter, the export of 80-octane gasoline, which previously constituted an important part of Shazand's income, has been halted.
