TEHRAN (NIPNA)--Iran shall see its petrochemical industry leap forward once the western sanctions on the country are lifted after a nuclear deal is clinched by Tehran and the P5+1 powers, says an economist.

TEHRAN (NIPNA)--All Iranian petrochemical plants will be equipped with an online system to monitor industrial wastewater treatment operations by March 2017, HSE chief of National Petrochemical Company (NPC) said.

HOUSTON (ICIS)--The average new automobile contains around $3,500 worth of chemical processing and products, according to the 2015 annual economic profile of the chemical industry released by the American Chemistry Council (ACC) on Tuesday.

The $115-million bid for OxyChem and Mexichem is for engineering and construction of an ethylene storage complex at the planned Ingleside ethane cracker project in Texas.