Golden Year of Petrochemical Industry

It is safe to say that the role of the petrochemical industry in the economic, political and even social dimensions of the country has never been as colorful as 2017, the golden year of the petrochemical industry. The impact of crippling sanctions on crude oil exports and the spread of Covid-19 made the year very sensitive and decisive to begin with. The role and performance of key stakeholders in the petrochemical industry, including investors, the administration and the parliament, and of course the National Petrochemical Company as a development organization and stakeholder relations coordinator, led to the inauguration of 17 projects in the year, including three important catalyst production projects with a capacity of 25 million tons per year, the opening ceremony of 13 important petrochemical projects in 2020, and the startup of 4 more projects in the beginning days of the calendar year of 1400 which began on March 20, 2021. Inauguration and operation of important projects such as Kaveh Petrochemical, Bushehr Petrochemical, and refining and feedstock supply projects of Bidboland Persian Gulf, Kangan Petrochemical and Parsian Sepehr Petrochemical plants has been the most important project of this industry in the calendar year of 1399 (which ended on March 20, 2021). 

The 17 projects in 1399

1. Kaveh Petrochemical

2. Bushehr Petrochemical - Phase 1

3. Miandoab Petrochemical

4. Chemistry Pars Petrochemical Middle East

5. Hegmataneh Petrochemical

6. Lordegan Petrochemical

7. Ilam Petrochemical - Phase 2

8. Urmia Petrochemical - Phase 3

9. Bidboland refining of the Persian Gulf

10. Kangan Petroleum

11. Methanol Catalyst

12. Polypropylene Catalyst

13. High Density Polyethylene (CX) Catalyst

14. Sepehr Parsian Refining

15. Masjed Soleiman Petrochemical

16. Sabalan Petrochemical

17. Assaluyeh Solvent Elixir Petrochemical

Investment of projects inaugurated in 1399: 11.4 billion dollars

Number of jobs during: 27,300

Sustainable jobs during operation: 8,000