Iran’s share in the Middle East’s petrochemical production has risen to 24.5 percent, Director of National Petrochemical Company’s (NPC) Planning and Development Department, Ramazan Ouladi has said. Mr. Ouladi said ...
Tags: Petrochemical Output, Petrochemical, Textile
Iran is all prepared to export its technical knowledge in petrochemical production and services thereof, Iranian Oil Minister Rostam Qassemi has said. Speaking on the sidelines of inauguration of the first phase of Bandar Imam Khomeini ...
Tags: petrochemical production, Textile
Iran, which now holds a 2.4 percent share in the global petrochemical market, intends to increase the same to about 4.9 percent over the next two years, Deputy Head of National Iranian Petrochemical Industries Company, Ramezan Oladi, has ...
Tags: Petrochemical Market, Petrochemical, Metallurgy, Mineral, Energy
Reliance Industries Ltd (RIL) is planning to invest Rs. 434.48 billion (about US$ 8 billion) in petrochemical projects over the next four years. The petrochemical investment is part of the about US$ 27 billion investment planned by ...
Tags: RIL, Petrochemical Projects, Textile
The petrochemical production capacity of Iran is likely to reach 100 million tons by 2015, Mr. Abdolhossein Bayat, an Iranian Deputy Oil Minister, has said. Mr. Bayat, who is also the managing director of National Petrochemical Company ...
Iran has floated a proposal to constitute a forum of petrochemical exporting countries, and the Iranian Government is now pursuing talks on the issue with several nations, including neighbouring countries, National Petrochemical Company ...
Tags: Iran, petrochemical exporting, NPC
Gulf companies are investing in several South East Asian petrochemical projects due to the rising demand for petrochemical products in the region. The Qatar Investment Authority (QIA) plans to commit US$ 5 billion investment in the ...
Tags: Gulf companies, South East Asian, petrochemical projects
MNA reported that the National Development Fund of Iran has allocated USD 3 billion for financing petrochemical projects. IRNA report said that the sum will be channeled into 11 petrochemical projects, mainly in the west and the south of ...
Tags: Iran, financing petrochemical projects, NDF
The continuing global economic uncertainty is negatively impacting the petrochemical sector of Saudi Arabia, according to a report released by NCB Capital, MENA Financial Network reported. The increase in prices of Saudi petrochemical ...
Tags: global economic uncertainty, petrochemical sector of Saudi Arabia
Middle Eastern petrochemical producers will continue to enjoy considerable cost advantage compared with their counterparts in Southeast Asia even as a scarcity of gas forces them to shift to other feedstocks, Jaap Kalkman, a partner at ...
Tags: ME petchem, petrochemical, gas prices
Zhanjiang, a port city in South China's Guangdong province, will build iron ore logistic center together with Vale in order to push steel and petrochemical projects in Zhanjiang. Currently two parties have signed strategic cooperation memo, ...
Tags: iron ore, logistic center, steel, petrochemical projects
New mega projects will boost the UAE's investment in the petrochemicals industry to nearly USD 12 billion by 2015 to maintain its position as a major global producer of the gas based substance. According to official data, the investments ...
Tags: Chemical Investment, petrochemicals industry, gas based substance
Noting that Iran is eagerly trying to develop its petrochemical industry, the National Petrochemical Company (NPC) Managing Director Abdolhossein Bayat said the country's petrochemical exports for first seven months of the current fiscal ...
Tags: Textile, petrochemical industry
Oman Oil Company (OOC), a state-run enterprise, intends to develop a huge US$ 800 million petrochemical project in Sohar. The project is intended to facilitate production of one million tons of purified terephthalic acid (PTA) and ...
Tags: OOC, PTA plant, petrochemical project, home textile