Construction of three power plants was put on the agenda
The CEO of Petrofarhang Holding announced the start of implementation and planning operations for the construction of three power plants with a total capacity of 45 megawatts.
Petrochemicals is the largest debtor of the National Gas Company
According to the Court of Accounts report, petrochemicals with 64 percent and steel with 21 percent are at the top of the National Gas Company's debtors list, industries that were also bombed during the Ramadan war.
Parliament pursues reconstruction of petrochemical plants damaged by the third imposed war
A member of the Energy Commission of the Islamic Consultative Assembly said: This commission, in cooperation with other specialized commissions, will specifically follow up on the issue of financing, equipment, and removing obstacles to the reconstruction of damaged petrochemical units.
Exports of chemical, polymer, and petrochemical products were liberalized
According to the Trade Development Organization's circular, export bans on chemical, polymer, and petrochemical products were lifted.
After a decade of pursuit, $872 million was received by Jam Petrochemical Company
The case of Jam Petrochemical's long-standing claims against Mehr Petrochemical was settled by executing a court order, and assets worth about $872 million were transferred to Jam Petrochemical. According to the company's CEO, the benefits of this action will go back to the assets of the country's pensioners.
Exclusive supply of electricity to petrochemical industries from August / 400 million liters increase in power plants’ diesel reserves
The Deputy Minister of Energy announced the ministry's new decision to strengthen the sustainable and economic electricity supply to the industrial sector and announced: "From August, the exclusive electricity supply mechanism for the petrochemical industry will be implemented, and at the same time, the electricity supply to other energy-intensive industries will continue through the open and green energy exchange board."
Iran’s polypropylene production capacity to increase this year
Iran's polypropylene production capacity will increase as a new petrochemical complex in the west of the country enters commercial production in the summer.
Ammonia and urea from Lordegan Petrochemical Company return to production
Lordegan Petrochemical announced the restart of ammonia and urea units; an event that took place on June 19, 2021, and shows that this complex has returned to the production cycle after a halt.
Petrofarhang Holding received the top statue in the field of “Profitability Restoration, Product Portfolio Management, and Value Creation”
Petrofarhang Holding won the top statuette for "Reviving Profitability, Product Portfolio Management, and Value Creation" at the 12th National Festival of Excellence in the Petrochemical Industry of Iran.
Bandar Imam Petrochemical on the verge of returning to production / Reconstruction of steam power plant underway
The CEO of Bandar Imam Petrochemical Company announced that the reconstruction and renovation of the steam power plant of this complex is underway at an accelerated pace, saying: "The production units of Bandar Imam will soon be operational."