Refining industry experts warn that government intervention in pricing special products threatens the future profitability of refineries. According to refining industry expert Mehdi Mohseni, experience has shown that mandated pricing not only suppresses production, but also erodes industries' profit margins and creates the basis for rents.

Announcing an increase of 35 million tons in the petrochemical industry capacity by implementing 66 development plans in the Seventh Development Plan, the Planning and Development Manager of the National Petrochemical Company said: "In addition to increasing production capacity, completing the value chain with the aim of reducing dependence on exports of basic products is targeted in this plan."

An official rejected Babak Zanjani's claim that his debts had been settled and his indebtedness ended, saying: "Zanjani has only paid $15 million of the $1.8 billion debt to the Central Bank."

Major repairs to the Amak Gas Collection Center are being carried out as part of one of the most important environmental projects in the oil industry, with the aim of reducing flaring and optimizing the use of hydrocarbon resources. In addition to preventing the emission of pollutants, this project provides valuable feedstock for petrochemical and refining units and is an effective step on the path to sustainable development and environmental protection.

The project manager of Isfahan Oil Refining Company announced the company's long-term commitment to reducing water consumption by implementing a plan to recover ultra-saline water, and said: "The plan to install a "CCRO" package on the return path of the waste water from the Hero unit of Isfahan Oil Refining Company is underway."

The record for daily gas consumption by power plants was broken in the week ending August 8, and on Monday (August 4), the highest consumption was recorded, with 312 million cubic meters.

The Alvand offshore rig in the Kish operational area is in its final days of major repairs and will soon join the Iranian Offshore Oil Company's drilling fleet.

The CEO of the National Iranian Gas Company considered the overhaul program one of the company's red lines and said: "Overhauls in refineries and the gas transmission network are being carried out without any delay and according to schedule."

In 1404, Engineer Zahir Heydarinejad and the management team of Kermanshah Petrochemical Company took a different path with a strategic decision: targeted pre-sale of July, August and September products in export markets. This strategy not only solved the problem of warehouse capacity, but also gave the company the power to shift its focus from “selling under pressure” to “selling with maximum profit” in trade negotiations.

Coinciding with the first day of the 19th Iranplast International Exhibition, more than 11,000 square meters of exhibition space were reserved, which is a new record in exhibition registration in the country.