National Petrochemical Company
Thursday, August 28, 2014
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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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  • Frozen Assets: Treasury for Future
    TEHRAN August 25 (Shana)--Even though economic sanctions have deprived the country off instant access to its oil revenues there is no doubt that these assets will be stored as a treasury outside the country and will play a positive role in boosting production in the future.
  • Petchem, Petroleum Trade Hit 90 Trillion Rials
    TEHRAN August 25 (Shana)--Managing director of Iran’s Mercantile Exchange Hossain Panahian says 90 trillion rials of petrochemical and oil products were traded in the bourse over the first five months of current Iranian calendar year since March 21 2014.
  • Foreigners Keen to Invest in Iran Petchem Sector
    TEHRAN August 24 (Shana)--Foreign investors are interested in financing petrochemical projects in Iran, the head of National Petrochemical Company has said.


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  • South Pars Development Delayed Under Unfair Sanctions
    TEHRAN August 26 (Shana): Iran’s Petroleum Minister Bijan Namdar Zanganeh said unfair sanctions against the country’s energy sector delayed the development of the giant South Pars gas field.
  • Falling Oil Price Short-Lived, says Iran minister
    TEHRAN August 26 (Shana): Iran’s Petroleum Minister Bijan Namdar Zanganeh said on Tuesday that the current decline in oil prices will be reversed following a seasonal change.
  • PSEEZ 5-Month Exports at $7b
    TEHRAN August 25 (Shana)--Iran reaped more than seven billion dollars from exporting oil and non-oil goods from Pars Special Economic Energy Zone (PSEEZ) during the first five months of the year which started on March 21, PSEEZ chief customs officer said.


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