TEHRAN (NIPNA)--Iran will see its petrochemical sector evolve in a revolutionary manner once Tehran's nuclear deal with world powers is fully implemented and the western sanctions on Iran are lifted, a senior petrochemical official has said.

TEHRAN (NIPNA)--A senior petrochemical official says business transactions with petrochemical customers from Europe shall lead to the rise of the price of petrochemicals in Iran, bringing more prosperity to the sector.

TEHRAN (NIPNA)--The deputy managing-director of National Petrochemical Company (NPC) has honored Iranian negotiators for the deal they clinched in the nuclear talks with world powers.

TEHRAN (NIPNA)--Head of Iran's National Petrochemical Company (NPC) Abbas Shari-Moqaddam has called on the government to make efforts and take measures to lay the groundwork for welcoming foreign firms in Iran now that the western sanctions are hoped to be lifted following the Vienna deal on Iran's nuclear program.

TEHRAN (NIPNA)--German petrochemical giants BASF and Linde Group have entered into talks with the National Petrochemical Company (NPC) for Iran return in the post-sanctions era.

MOSCOW (ICIS)--The Russian government on Monday announced export duties levied on petrochemical products and crude oil would go marginally down next month.

SINGAPORE (ICIS)--BP Zhuhai has officially started up its third 1.25m tonne/year purified terephthalic acid (PTA) plant in Guangdong province, south China, on 2 July, the company said on Thursday.

SINGAPORE (ICIS)--China National Petroleum Corp (CNPC) started construction of the China section of the China-Russia East Route natural gas pipeline on 29 June, the Chinese oil and gas producer said on Tuesday.

SINGAPORE (ICIS)--Malaysia’s state-owned oil and gas firm PETRONAS has picked Axens as the technology provider for Refinery and Petrochemicals Integrated Development (RAPID) project in Johor, the French petrochemical engineering firm said late on Monday.