National Petrochemical Company
Wednesday, February 10, 2016
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The National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. It is responsible for the development and operation of the country’s petrochemical sector. Founded in 1964, NPC began its activities by operating a small fertilizer plant. Today, NPC is the second largest producer and exporter of petrochemicals in the Middle East .Over these years, it has not only expanded the range and volume of its products, but it has also taken steps in areas such as Research and Technology to achieve more self-sufficiency.

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  • Petchem Development can Generate Jobs: MP
    TEHRAN, Feb. 10 (Shana) -- A member of the Iranian parliament said expansion of the petrochemical industry can boost employment in the country by bringing in modern technologies.
  • Iran Petchem Output to Hit $22b: Zangeneh
    TEHRAN, Feb. 9 (Shana) – Iranian Minister of Petroleum Bijan Zangeneh said the value of country’s petrochemical production will increase to 18 billion dollars by the end of current year (March 20) from 16 billion dollars and is expected to hit 22 billion dollars in the next two years.
  • Iran Ready to Boost Petchem Cooperation with Kazakhstan
    TEHRAN, Feb. 08 (Shana) -- Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh said Iran and Kazakhstan have signed several deals in recent years which could not be implemented by the sanctions, voicing Iran's readiness to enhance cooperation with Astana in petrochemical grounds


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  • Post-Sanctions Iran Set to Develop Oil, Gas Industry
    TEHRAN, Feb. 10 (Shana) – Deputy Petroleum Minister for International Affairs and Commerce Amir-Hossein Zamani-Nia said Iran is determined to develop its oil and gas industry because the country’s production is not proportionate with its hydrocarbon reservoirs.
  • Italy Most Serious European Partner for Iran
    TEHRAN, Feb. 10 (Shana) -- President of Italian Trade Agency says there is much appetite for entering Iran by Italian companies now that sanctions on Tehran's nuclear agenda have been lifted by the international community.
  • IOOC Uses Solar Energy for Heating Water in Siri
    TEHRAN, Feb. 10 (Shana) -- Iranian Offshore Oil Company (IOOC) has launched a new housing complex in the Persian Gulf island of Siri where all the water is heat by solar power.


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$7.5b Needed for 60mt Petchem Output
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