[caption id="attachment_153210" align="alignright" width="201"] Iran is building the worlds largest methanol plant which the country is touting as a rival to US shale gas.[/caption] Iran is building the worlds largest methanol plant which the country is touting as a rival to US shale gas. The Kaveh mega methanol project, being implemented in ...

[caption id="attachment_71735" align="alignright" width="204"] Deputy head of National Petrochemical Company Hassan Peyvandi[/caption] TEHRAN Feb 18(Shana)--Methanol projects in Iran need budget allocation from the National Development Fund of Iran (NDFI), a deputy head of National Petrochemical Company said. Hassan Peyvandi said the worlds largest ...

TEHRAN Jan 06 (Shana)--NPCs investment should never go beyond 20 percent in projects, deputy managing director of the National Petrochemical Company (NPC) Mohammad Hassan Peyvandi said. He said NPC prefers to make investments in infrastructure projects, adding NPC is not interested in ownership of enterprises. Speaking on the importance of methanol ...

TEHRAN, Dec. 29 (MNA) Deputy Head of National Petrochemical Company (NPC) has predicted Iran would become a serious rival for the US shale gas productions in near future. Mohammad Hassan Peyvandi told reporters that Iran is the only country in the world that possesses all necessary capacities for developing petrochemical industry. Having been situated ...

TEHRAN Dec 29 (Shana)--Iran plans to bring its petrochemical production to 180 million tons a year by 2022, a deputy head of National Petrochemical Company said. Mohammad-Hassan Peyvandi said Iran is to reduce the dependence of newly-launched petrochemical plants on liquid feedstock in the near future. He said the prioritized plans of NPC include ...

TEHRAN (FNA)- An Iranian official said that the country, as one of the significant producers and exporters of petrochemicals in the region, has called for setting up a petchem body with the framework of OPEC in a bid to safeguard common interests of the organization's members when the crude prices fall. Due to membership of most Middle-Eastern oil ...

[caption id="attachment_134196" align="alignright" width="194"] A view of a petrochemical complex in Assaluyeh on Iran's Persian Gulf coast.[/caption] Tehran, Dec 14, IRNA -- A senior National Petrochemical Company (NPC) official says implementation of privatization policies in Iran has caused problems even though the policies were intrinsically acceptable....

TEHRAN (FNA)- Chinese investors have started financing two under-construction Iranian petrochemical projects, a senior energy official announced on Sunday. "The letters of credit (LCs) for two petrochemical units each with a value of 350 million to 400 have been opened by Chinese financers," Deputy Head of the National Petrochemical Company (NPC) ...

TEHRAN Oct 15 (Shana)--A deputy head of National Petrochemical Company has said that petrochemical projects are not progressing quickly due to financial problems. Fifteen half-finished petrochemical projects are more than 60 percent complete, but due to the presence of the private sector in these projects and its failure to finance them, these projects ...

TEHRAN Sept 29 (Shana)--Iran's National Petrochemical Company (NPC) will invest in strategic projects to hasten their fulfillment in a bid to expand the country's petchem industry, a deputy head of NPC said. Mohammad Hassan Peyvandi said the company is legally allowed to have a 20% share in petrochemical investments which can rise to 49% in under-...

TEHRAN Sep. 3 (Shana)--A deputy head of National Petrochemical Company has reaffirmed the necessity of producing propylene in the country. During the coming ten years, the NPCs performance will be propylene-oriented, Mohammad-Hassan Peyvandi said. He said that it is important to provide feedstock for plants to produce more propylene with a view to ...

TEHRAN Sep 1 (Shana)--Deputy head of Iran's National Petrochemical Company said petrochemical products cannot be easily sanctions as is the case for crude oil. Speaking with the Bloomberg News,Mohammad-Hassan Peyvandi, deputy head of National Petrochemical Company, said the petrochemical industry cannot be easily sanctioned, because the side that ...

TEHRAN August 28 (Shana)--A senior Iranian petrochemical official said the country's petrochemical exports have risen some 4% during the first 4 month of the current calendar which began on March 2014 despite western sanctions. Speaking with the Bloomberg in his office here in Tehran, Mohammad-Hasan Peyvandi, Vice President of Irans National Petrochemical ...

TEHRAN August 24 (Shana)--Irans petrochemical industry is to focus on increasing propylene production over the coming eight years, a top petrochemical official said. Mohammad-Hassan Peyvandi, deputy head of National Petrochemical Company, said methanol produced in the Special Economic Petrochemical Zone is planned to be convertedinto propylene. To ...

TEHRAN August 10 (Shana)--Petrochemical products account for more than 40 percent of Irans non-oil products, a deputy head of National Petrochemical Company said. Mohammad-Hassan Peyvandi said Iran enjoys the highest potentials for the development of petrochemical industries. No country in the world and the Middle East enjoys as many advantages as ...

TEHRAN, July 23 (MNA) Deputy Director for Iran National Petrochemical Company has said petrochemical production and exports soared by 6.5 and 6 per cent compared to the first three months last year. Mohammad Hassan Peivandi said that during the first three months since the beginning of Persian New Year (beginning March 21) petrochemical products ...

TEHRAN July 9 (Shana)--A deputy head of National Petrochemical Company (NPC) has said that Irans petrochemical industry will focus on propylene production in ten years. Mohammad-Hassan Peyvandi said propylene shortage is the reason behind lack of development in the downstream industries. It would be important to create incentives in liquid feedstock ...

TEHRAN July 7 (Shana)--Iran needs to attract 33 billion dollars in investment for financing 55 million tons of petrochemical projects, a senior petrochemical official said. Mohammad-Hassan Peyvandi, deputy head of National Petrochemical Company, said the envisaged projects would bring Iran 26 billion dollars in revenues. He said that 71 petrochemical ...

TEHRAN June 18 (Shana)--Completion of the second phase of West Ethylene Pipeline is a priority of National Petrochemical Company (NPC), a deputy head of NPC said. Mohammad-Hassan Peyvandi said the pipeline is a main artery feeding petrochemical plants located in the western provinces. He said the pipeline is expected to be completed by March 2015 ...

TEHRAN (FNA)- China plans to finance completion of seven under-construction methanol projects in the near future, a senior energy official announced on Saturday. "All the existing 7 methanol projects will come on stream after China undertakes financing them," Deputy Head of the National Petrochemical Company (NPC) Mohammad Hassan Peyvandi told FNA ...