News


  • Bou Ali Sina Petchem Plant Eyes 2mt/y Output

    Bou Ali Sina Petchem Plant Eyes 2mt/y Output

    The CEO of Bou Ali Sina Petrochemical Company said the company is planning to supply 2 million tons of products in the current year which began on March 21, 2022. The plant’s production capacity is 1.7 million tons per year and realization of 2mt/y would be translated into operating at 120% of its nameplate capacity. […]

    Publish Date : 2022/12/06 Read More
  • 11,000-ton Growth in Sulfur Output of Hasheminejad Refinery

    11,000-ton Growth in Sulfur Output of Hasheminejad Refinery

    In November, we witnessed the flourishing of another plan in the country’s gas industry; unit No. 1 of the Acid Gas Condensation Project of Shahid Hasheminejad Gas Refinery was launched and the executive operation of Unit No. 2 of this project started. Majid Chegeni, the CEO of the National Iranian Gas Company (NIGC), explained in […]

    Publish Date : 2022/11/26 Read More
  • 1st Petchem Consortium to Develop Iran Gas Fields

    1st Petchem Consortium to Develop Iran Gas Fields

    Underlining a recent meeting with the Iranian Minister of Petroleum Javad Owji,  Ahmad Mahdavi Abhari told Tasnim News that feedstock price formula may be revised for petrochemical companies, and said: “With the formation of the first consortium of petrochemical companies to operate in the upstream sector, work has begun on the three gas fields of […]

    Publish Date : 2022/11/17 Read More
  • Tondgouyan Petchem Plant Breaks PET Output Record

    Tondgouyan Petchem Plant Breaks PET Output Record

    The head of Shahid Tondgouyan Petrochemical Compound announced the historical production record of 756,000 tons of polyethylene terephthalate since the beginning of the current calendar year, which began on March 21 According to Shahid Tandgouyan Petrochemical Company, Amin Malekzadeh said the plant’s output stood at 1.125 million tons last calendar year which was a new […]

    Publish Date : 2022/11/09 Read More
  • BASF seeks ‘permanent’ cost cuts at European operations

    BASF seeks ‘permanent’ cost cuts at European operations

     BASF said costs at its European sites must be cut to a “permanently” smaller size because of a triple burden of sluggish growth, high energy costs and over-regulation, with the German industrial giant’s boss throwing his weight behind a planned expansion in China. “These challenging framework conditions in Europe endanger the international competitiveness of European producers […]

    Publish Date : 2022/11/01 Read More
  • 10 top natural gas producers by country

    10 top natural gas producers by country

    Global natural gas production increased by nearly 5 percent to reach a record 4.04 trillion cubic meters in 2021, according to data from Statista. Russia currently ranks as the world’s second largest natural gas producer and is the leading exporter of the fuel. Last year, Russia’s natural gas exports came in at 202 billion cubic […]

    Publish Date : 2022/10/25 Read More