TEHRAN (NIPNA)—Shazand Petrochemical Plant has processed more than 0.5mt of products during the first 4 months of the current calendar year which began on March 21.

TEHRAN (NIPNA)--A member of the civil committee of Iranian parliament has highlighted the role petrochemical industry plays in ensuring economic growth, saying foreign investors vying to win a share in the Iranian market after the sanctions relief must pay special heed to capitalization and transfer of technology to Iranian industries.

TEHRAN (NIPNA)--Ali Ashraf Afkhami, managing director of Iranian Bank of Industry and Mine (BIM), says several southeastern Asian countries in talks with the bank have indicated their willingness to form partnerships in financing development projects in Iran's petrochemical sector in the post-sanctions era.

TEHRAN (NIPNA)--A senior petrochemical official says production of urea by Iranian petrochemical plants has been OK during the first 4 months of the calendar year which started on March 21.

TEHRAN (NIPNA)--Iranian Deputy Minister of Industry, Mines and Trade Mojtaba Khosrowtaj has said Iran is bracing for boosting energy cooperation, especially in the petrochemical sector, with the UK in the post-sanctions era.

TEHRAN (NIPNA)--Delivery of ethane supplies from phases 15&16 of South Pars gas field to Kavian Petrochemical Plant will commence in the near future and will reach 1 million tons/y once the phases are fully operational, Iranian Minister of Petroleum Bijan Zangeneh said.

TEHRAN (NIPNA)--Italy's Eni has indicated its interest to return to Iran's petrochemical sector in the post-sanctions era, a senior Iranian official said.