Currency price differences have increased demand for petrochemical product exports

The Secretary General of the Iranian Petrochemical Industry Employers' Association emphasized the necessity of completing the value chain in the petrochemical industry at the opening ceremony of the 19th Iran Plast Exhibition.

Shazand under the microscope: From the halt to gasoline exports to Afghanistan to the legacy of bus hires

In an interview with this media outlet, the CEO of Shazand Petrochemical Company described the company's most important recent challenge as the cessation of gasoline exports to Afghanistan, saying that as the country's standards became stricter, the export of 80-octane gasoline, which previously constituted an important part of Shazand's income, has been halted.

Polymers have replaced steel and wood in engineering industries

At the opening ceremony of the 19th Iran Plast, the CEO of the National Petrochemical Industries Company pointed out the status and importance of the petrochemical and polymer industries and said: Petrochemical products, especially polymers, play a key role in various industries and have a pervasive presence in our daily lives.

Breaking News

28% drop in the export of Iranian petrochemical products in 2023

In 2023, the equivalent of 19.4 billion dollars of petrochemical products will be exported, which shows a decrease of 28.6% in terms of value compared to 2022.

Member of Parliament: The shares of oil projects will be offered on the Iranian stock exchange

A member of the Energy Commission of the Chamber of Commerce said: If we allow people to buy crude oil or invest in oil projects.

The Iranian parliament has given the government the authority to increase the price of gasoline

Ahmad Alireza Begi believes that the government wants to increase the price of gasoline, but it does not take this risk due to the lack of necessary social capital and the closeness of the presidential elections.

3,250,000 barrels of daily Iranian oil production

The US Energy Information Administration announced an increase of 630,000 barrels of daily Iranian oil production over the past year and 3,250,000 barrels of oil production in the third month of 2024.

Aryasasol Petrochemical 2024 General Assembly/ 34% increase in profitability, the gift of Aryasasol Board of Directors to shareholders

In the general meeting, Ariasasol announced a 34% increase in the company's profitability in 2023 and emphasized the continued growth of profitability in the coming years due to the use of new production lines.

Iran’s oil market has not been affected

The head of the Program and Budget Organization said: "The enemy tried very hard to restrict the oil market for Iran, of course, they increased their efforts and we saw that the oil export embargo was ineffective, and today we do not have oil on ships and water, and the buyer is clear."

The complaint file of Tavanir Iran goes from Ghent, Türkiye to Switzerland

The director of Tawanir's foreign trade office said: Despite all the measures taken, including the negotiations between Tawanir and the Turkish company Ghent and diplomatic efforts from various channels, the demands for electricity exports to this country have not yet been received.

4 million fuel cards were issued in Iran last year

The manager of the smart fuel system said: Since the beginning of this year, 105,000 applications for receiving fuel cards have been registered, and all these statistics are in the production process.

The naphtha feed of Iran’s petrochemicals was spent on gasoline

The secretary of the Iranian Petrochemical Employers Association said: Many industries are complaining about why the propylene market is so chaotic; The problem is that due to the lack of naphtha, the production and supply of propylene and polypropylene has decreased.

Cooperation between Iran and Sri Lanka in the huge water project

In May of this year, Iran will inaugurate the multipurpose project "Omavia" in Sri Lanka with the presence of the presidents of the two countries.

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