The secretary of the Iranian Petrochemical Employers Association said: Many industries are complaining about why the propylene market is so chaotic; The problem is that due to the lack of naphtha, the production and supply of propylene and polypropylene has decreased.
Isfahan, Pars and Ariasasol Petrochemicals have had the highest increase in production in 2023 among their peers.
The managing director of National Gas Company of Iran announced in the group of managing directors of petrochemical companies that they are trying to provide maximum gas for petrochemical units.
According to the report provided by the Iran Electricity Network Management Company, the peak load of Tehran's regional electricity last year was 12,500 megawatts, which is expected to increase to more than 13,450 megawatts this year.
CEO of National Gas Company said: Industries and petrochemicals can build MINI LNG units.
Petrochemicals of Zagros, Takht Jamshid and Bou Ali Sina were at the top of the list of the largest increase in the production of petrochemicals in March 1402.
The CEO of Ariasasol announced the overhaul in this petrochemical this year.
Secretary General of the Iranian Petrochemical Industry Employers Association: Due to the cold weather, petrochemicals were completely restricted, and most of the petrochemicals that use methane gas are cut off. Last year, due to gas restrictions, we lost 700 million dollars in profit.
The 17th meeting of the Iran-Russia Joint Economic Commission will be held in March this year in Tehran with the presence of the Minister of Oil and the Deputy Prime Minister of the Russian Federation as the heads of this commission.
Persian Gulf, as Iran's largest petrochemical holding company, has one of the most diverse portfolios of petrochemical products in the country, but polypropylene has no place in this portfolio. Currently, several projects are being implemented to add polypropylene to the Persian Gulf Holding's product portfolio.
