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.
The Greater Tehran Power Distribution Company commended the National Petrochemical Industries Company for managing electricity consumption in the summer of 1403.
According to a capital market expert, the initial public offering of Arvand Petrochemical shares benefits the market from two perspectives: it will both improve the quality of the stock exchange and pave the way for investors to make profits.
Persian Gulf Petrochemical Industries Company and the Petroleum Industry Research and Technology Fund signed a cooperation agreement to support the company's investments, domestic manufacturing projects, and knowledge-based and research activities.
In order to accelerate the process of accepting Bandar Imam Petrochemical's shares in the capital market, a joint meeting was held with the presence of the CEOs of Bandar Imam Petrochemical, Iran's Farabourse Company, and Modabaran Eqtesad Investment Company.
The Iranian Polymer Research Institute and Jampilen Petrochemical Company signed a memorandum of understanding with the aim of developing scientific and technological cooperation.