Introducing Pars Glycol; one of the new olefin units in the country

Introducing Pars Glycol; one of the new olefin units in the country

The Pars Glycol Petrochemical Complex, previously known as Pars Phenol, with an annual production capacity of more than 550,000 tons of ethylene glycol, has been put into operation as one of the key projects of Iran's petrochemical industry in the second phase of the Pars Special Economic Energy Zone.

Iran’s petrochemical industry on the verge of a historic comeback; is a sanctions exemption on the way?

Iran’s petrochemical industry on the verge of a historic comeback; is a sanctions exemption on the way?

While no official decision has yet been made on Iran’s sanctions waivers, speculation about the possibility of some restrictions being eased has focused attention on an industry that became one of the country’s most important sources of foreign exchange during the sanctions years: the petrochemical industry. But the big question is whether any potential waivers would only pave the way for exports, or could they also unlock technology, equipment, and investment?

آخرین اخبار

China backs down; 30 million barrels of Iranian oil in the Malaysian Sea remain in limbo

China backs down; 30 million barrels of Iranian oil in the Malaysian Sea remain in limbo

The increase in Iranian crude oil storage in Malaysian waters and the reduction in Chinese imports from the country following severe US sanctions have presented serious challenges to the flow of Iranian oil trade. With more than 30 million barrels of oil accumulated in stranded tankers, Iran is struggling to protect its market from geopolitical pressures.
Construction and upgrading of the country’s energy production power plants

Construction and upgrading of the country’s energy production power plants

Referring to the signing of a public-private partnership agreement to complete the Tabas Thermal Power Plant, the CEO of the Thermal Power Company said: "This will be a major step towards exploiting this project and diversifying the country's portfolio of energy carriers and primary sources of electricity production."
No increase in electricity consumption in Tehran compared to last year

No increase in electricity consumption in Tehran compared to last year

The CEO of the Greater Tehran Electricity Distribution Company said: "This summer, the capital experienced one of the most effective periods of transition from peak electricity consumption to date by implementing smart consumption management plans, equipping high-consumption subscribers with smart meters, and effective subscriber participation."
Chains that are not yet complete; Behind the scenes of the failure of MTO and MTP projects in Iran

Chains that are not yet complete; Behind the scenes of the failure of MTO and MTP projects in Iran

While value chain development has become a common buzzword in Iranian petrochemical industry literature, many projects, including MTO and MTP, are still stalled at the raw material sales stage. Petrochemical expert Mohsen Ansari considers “the need for large investments” and “feed instability” to be the most important reasons for the failure of these projects. According to him, in the current situation, the “ethylene” and “propylene” chains have the greatest potential for real completion in Iran and more focus needs to be placed on their development.
Success of major repairs at South Pars Site 2 relying on Iranian knowledge

Success of major repairs at South Pars Site 2 relying on Iranian knowledge

The deputy head of Site 2 of the South Pars Gas Complex announced the successful implementation of major repairs at the refineries of this site and said: "This operation, relying on local technical knowledge and equipment, is an important step in increasing the productivity and sustainability of natural gas production."