TEHRAN (NIPNA) -- Germany manufacture of industrial valves, AS-Schneider, is cooperating with Iranian petrochemical companies in Assalouyeh, south of Iran, for supply of valves and instrumentation, a company official said.

TEHRAN (NIPNA) -- Iran's total petrochemical output rose by 25% under Iranian President Hassan Rouhani's administration which began in 2013.

TEHRAN (NIPNA) -- Iranian petrochemical plant are expected to process 59 million metric tons of petrochemicals in the current Iranian calendar year which began on March 21, fetching the country $17b in revenue.