Due to the severe fluctuations in the exchange rate in the country, Fajr Energy Persian Gulf Company managed to save more than two million euros in foreign exchange by prioritizing rial contracts with domestic suppliers.

With continuous planning and round-the-clock efforts of Hengam Petrochemical's urea commissioning unit, the commissioning of the cooling water line began, and thus the pre-commissioning operation of the urea unit's ancillary services was successfully completed.

With the signing of a quadrilateral memorandum of understanding between the country's Technical and Vocational Education Organization, Hengam Petrochemical on behalf of Persian Gulf Holding, Bushehr Governorate, and Pars Special Economic Energy Zone Organization, the first technical and vocational training center for advanced and supplementary oil, gas, and petrochemical skills will be launched at the initiative of the Persian Gulf Petrochemical Industries Group and named "Persian Gulf".

The second Iran Petrocom Conference and Exhibition opened at the Kish International Exhibition Center.

The Secretary General of the Iranian Petrochemical Industries Employers' Association said: "So far, we have given about $8.5 billion to the foreign exchange system."

Not long ago, Iranian methanol producers raised the issue of producing gasoline from methanol.

In the first 9 months of this year, Bushehr Petrochemical succeeded in producing about 3 million tons of various petrochemical products and more than 547 million cubic meters of ancillary services.

A memorandum of understanding was signed between the National Petrochemical Industries Company and Zagros Petrochemical Company to use the capacity of this petrochemical company in a campaign to reduce gas and electricity consumption by 10 percent in the domestic and commercial sectors.

During a ceremony to address the gas imbalance crisis, the National Petrochemical Company and Zagros Petrochemical Company signed a memorandum of understanding. The aim of this memorandum is to reduce gas consumption by 10 percent in the domestic and commercial sectors and increase the share of gas allocated to the petrochemical industry, which could lead to increased production and foreign exchange earnings. This is while the petrochemical industry is facing challenges such as gas outages at 12 petrochemical plants and feed shortages.

Bandar Imam Petrochemical Company has succeeded in exporting one million and 6 thousand tons of products to international markets in the first 9 months of 2024, which represents a 35% growth compared to the same period last year.