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
Judiciary Chief: We will take strict action if government officials are complicit in fuel smuggling
The head of the judiciary said: "It is absolutely unacceptable that the country is in dire need of fuel, and then it is announced that $15 billion or even more worth of gasoline and diesel are being smuggled into the country!"
Leading the country’s oil exploration by relying on modern technologies
The Deputy Minister of Petroleum, announcing that we are ahead of the plan and capacity set for exploration in the country, stated: "I hope that by utilizing new technologies, we will be able to reach new fields (although smaller) and provide the basis for the presence of the private sector in the form of IPC contracts or other contractual models."
Major repairs of refineries in the face of energy imbalance
The Director of Coordination and Supervision of Production at the National Iranian Gas Company announced the early start of major repairs to the country's refineries, saying the operation will be completed by October. This issue has always been associated with challenges regarding the supply of electricity to power plants due to energy imbalances and the refineries' need for gas.
Even with the shutdown of industries, domestic gas is running low!
An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.
Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
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.
Iran will transform from an exporter to an importer of petrochemical products within the next three years
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.
Power plant reserves are 80% higher this year than last year
Power plant fuel reserves were at their lowest levels, but over the course of 6 months we witnessed record-breaking production, transportation, and distribution of products.
South Pars project pending action by implementing companies to secure financial facilities
The Deputy Director of the National Development Fund announced that the companies implementing the South Pars Gas Field Pressure Boosting Project have not yet applied for financial facilities through the operating bank, despite our readiness to provide financing.
Increasing gas cooperation between Iran and Turkmenistan
The Iranian Oil Minister and the Turkmenistan Foreign Minister emphasized the deepening of cooperation between the two countries in the fields of oil and gas and examined areas for expanding cooperation.
Sabalan Petrochemical Production Capacity Reduced Due to Gas and Oxygen Shortage
The CEO of Sabalan Petrochemical Company announced a reduction in the company's production capacity due to a shortage of oxygen, water, and gas.
