Iran says it will need at least 55 billion dollars in investment in its petrochemical sector to bring its annual output to 150 million tons from the current 60 mt/y production capacity within the next 10 years. Managing Director of the National Petrochemical Company (NPC) Marziyeh Shahdaei has said Iran will need $20b in fresh…
An official has reported on an agreement with Germany‘s Hermes Insurance Company to provide insurance coverage for investment projects in Iranian petrochemical industries. Speaking at a press conference, Director for Investment of National Petrochemical Company (NPC) Hossein Alimorad described the most major plans for attraction of investment to the country’s petrochemical industry saying “a contract…
Deputy oil minister announced that Iran has achieved the technical knowledge to produce polypropylene as a strategic petrochemical product. Director of the National Petrochemical Company (NPC) Marzieh Shah-Daei pointed to opening and official operation of the first semi industrial polypropylene manufacturing unit in the country’s petrochemical industry saying “the new unit aims to produce an…
