The deputy chairman of the National Development Fund's executive board said: "If at least 20 complementary petrochemical industry projects are introduced and proposed and approved by the National Petrochemical Industries Company, a total of $200 million in funding will be allocated to finance these projects, and it will be divided among them based on need."
The CEO of Petrochemical Research and Technology Company pointed to the valuable achievements of this company in the field of localization of technical knowledge and catalysts needed by the petrochemical industry and said: "The Petrochemical Research and Technology Company has had a successful performance in meeting domestic and export needs."
The investment manager of the National Petrochemical Industries Company said: So far, $87 billion has been invested in the petrochemical industry, of which $26.3 billion has been provided from foreign sources.
Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.
A petrochemical expert warns that the country's excessive focus on the limited production of certain products such as methanol and urea is the Achilles' heel of the petrochemical industry, and says that if balanced development is not carried out in this area to produce MTO units and the like, within the next few years Iran will not only not be able to export petrochemical and chemical products, but will also become an importer.
The CEO of Sabalan Petrochemical Company announced a reduction in the company's production capacity due to a shortage of oxygen, water, and gas.
Experts warn that a decline in ethane production in the coming years could cripple the country's ethylene chain and the bitter tragedy of methanol producers could now be repeated for olefins; they see the way out as the construction of MTO units and an end to the sale of methanol as crude.
Following the follow-up of the Court of Auditors, a claim of 35 million dirhams from a petrochemical company was collected.
The CEO of the Persian Gulf Petrochemical Industries Company announced his readiness to develop a roadmap for cooperation between Iran and Uzbekistan in the field of petrochemicals, and emphasized the need to develop bilateral cooperation, joint investments, and the exchange of petrochemical products and feedstock.
The CEO of Zagros Petrochemical Company announced the daily extraction of four million normal cubic meters of methane gas from the Salman platform if its flare gas is separated. This measure is a positive step towards reducing energy imbalance and reducing environmental pollutants.
