TEHRAN (NIPNA) – Persian Gulf Holding Company (PGHC) has invested more than 15 billion dollars for developing petrochemical projects across Iran which makes the company the leading force for the country's petrochemical sector.

TEHRAN (NIPNA) – Iran is preparing to diversify its petrochemical export markets now that the sanctions are being lifted thanks to the nuclear deal Tehran struck with the P5+1 group of countries in July, an industrial official said.

TEHRAN (NIPNA) – Managing Director of Iran's National Petrochemical Company (NPC) said two German companies have proposed to invest 12 billion euros in Iran's petrochemical sector.

TEHRAN (NIPNA) – A senior petrochemical official says the industry can "optimize" Iran's economy as all other industries are dependent on the petrochemical industry.

TEHRAN (NIPNA) – A senior official at National Petrochemical Company (NPC) says the company is tasked primarily with reduction of the country's crude oil sale and ensuring sustainable development of the industry.

TEHRAN (NIPNA) – The first phase of Damavand Petrochemical Plant will come on-stream by mid-2017, managing director of the plant said.

TEHRAN (NIPNA) – Karoun Petrochemical Plant has launched its nitrobenzene production unit which makes Iran the first producer of the item in the Middle East.