International energy companies predict that the demand for petrochemical products will increase significantly in the coming years, and therefore the development of petro-refineries seems a necessity in Iran.
News ID: 10545 Publish Date : 2022/01/27
Several projects have been planned to add 3.5 million tons to the country’s petrochemical production capacity, of which 60% or 2 million tons belong to the propylene chain, director of planning and development at the National Petrochemical Company said.
News ID: 10437 Publish Date : 2021/10/11
China's Chambroad Petrochemical is planning to build two 600,000 t/yr polypropylene (PP) units as part of a 5.17bn yuan ($728mn) propylene plant with 2.04mn t/yr of raw material processing capacity.
News ID: 9496 Publish Date : 2020/05/15
Iran’s foreign non-oil trade stood at $3.58 billion in the month ending April 19, indicating a 27% decline compared with the same period of last year.
News ID: 9424 Publish Date : 2020/05/08
Japanese emulation rubber and synthetic resin producer JSR saw reduced demand for its key products from domestic and overseas auto producers during the 2019-20 fiscal year ending 31 March because of the impact of Covid-19 in the final quarter.
News ID: 9279 Publish Date : 2020/04/30
Qatari state-owned energy firm Qatar Petroleum (QP) has announced the integration of petrochemical firm SEEF into its operations, with QP Operations (Refining) to manage SEEF's facilities.
News ID: 9202 Publish Date : 2020/04/20
India's demand for key petrochemical products may take longer to recover as the country's lockdown has been extended until 3 May to curb the spread of Covid-19 in the Indian subcontinent.
News ID: 9140 Publish Date : 2020/04/14
State-controlled Indian refiner IOC may be forced to maintain a shutdown at its petrochemical units in Paradip following an extension of the Covid-19 lockdown in the eastern state of Odisha, where the plant is located.
News ID: 9091 Publish Date : 2020/04/09
South Korea's Hyundai Cosmo Petrochemical (HCP) has closed its No.1 aromatics complex in Daesan for scheduled maintenance from 8 April for 30-45 days.
News ID: 9071 Publish Date : 2020/04/08
Malaysia's Lotte Titan has restarted its main cracker after a major turnaround at its facilities in Pasir Gudang, Johor Bahru that started in early March.
News ID: 9069 Publish Date : 2020/04/08
Corrects derivative capacities in third paragraph
News ID: 9008 Publish Date : 2020/04/01
India's state-controlled Bharat Petroleum (BPCL) has reduced operating rates at its refinery-linked petrochemical units in Kochi and Mumbai because of the nationwide lockdown imposed to curb the spread of coronavirus.
News ID: 8988 Publish Date : 2020/03/31
Philippine petrochemical producer JG Summit has shut its 480,000 t/yr cracker in Batangas following a power outage yesterday.
News ID: 8986 Publish Date : 2020/03/31
Indian petrochemical producers are facing a tough start to the country's new financial year, as a nationwide lockdown to curb the spread of coronavirus slashes sales and limits distribution.
News ID: 8985 Publish Date : 2020/03/31
Saudi petrochemical producer Advanced Global Investment (AGIC) and South Korea's SK Gas Petrochemical (SKGP) are planning a propane dehydrogenation (PDH) and polypropylene (PP) project in Saudi Arabia's Jubail.
News ID: 8975 Publish Date : 2020/03/30
At least three India-based petrochemical producers have declared or intend to declare force majeure on supplies, after the Indian government announced a complete lockdown from midnight today for 21 days.
News ID: 8866 Publish Date : 2020/03/25
China is ramping up production of oil, petrochemical s, metals and coal as the coronavirus outbreak comes under control, with a lockdown in hardest-hit Wuhan set to be lifted early next month. But demand may take longer to recover.
News ID: 8844 Publish Date : 2020/03/24
The US government has sanctioned another five companies it says are linked to petrochemical and oil purchases from Iran, taking to 12 the number of companies sanctioned in the last few days.
News ID: 8804 Publish Date : 2020/03/20
Malaysia's state-owned Petronas is likely to draw on its existing supplies of propylene and ethylene to continue running downstream polymer units after a fire hit its new petrochemical facility in Pengerang.
News ID: 8761 Publish Date : 2020/03/18
Based on the negotiations held with some regional states, Iranian experts will engage in reconstructing and repairing power plants there soon, a senior industrial official said.
News ID: 8755 Publish Date : 2020/03/17