September 27, 2019

Iran’s crude steel output up 6% in 8 months yr/yr: WSA

TEHRAN- Production of crude steel in Iran during the first eight months of 2019 has risen six percent from that of the same period of time in 2018, World Steel Association (WSA) has announced in its recent report.
September 27, 2019

Iran’s petchem feedstock to reach 1.7m bpd by 2025

TEHRAN – Managing Director of Iran’s National Petrochemical Company (NPC) said the feedstock allocated to petrochemical complexes is going to reach equal to 1.7 million barrels per day (bpd) of oil by 2025, Shana reported.
September 27, 2019

NPC, IDRO ink cooperation memorandum

TEHRAN – Iran’s Industrial Development and Revolution Organization (IDRO) signed a memorandum of understanding (MOU) with National Petrochemical Company (NPC) for supplying the equipment required in petrochemical industry’s downstream sector.
September 26, 2019

Italian pavilion at ATMAK I FARM exhibition

Italy is the only foreign country participating, with a national pavilion, at Atmak I Farm exhibition 2019 in Tehran (International Exhibition of Agriculture, Irrigation Systems, Agriculture Machinery, Inputs, Horticulture and Gardening, and Related ...
September 25, 2019

EAEU Business Council, ICCIMA ink cooperation MOU

TEHRAN – Iranian Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) signed a memorandum of understanding (MOU) with the Eurasian Economic Union (EAEU) Business Council, on Wednesday, for mutual cooperation.
September 25, 2019

EAEC Business Council, ICCIMA ink MOU for mutual cooperation

TEHRAN – Iranian Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) signed a memorandum of understanding (MOU) with the Eurasian Economic Union (EAEU) Business Council, on Wednesday, for mutual cooperation.
September 25, 2019

Zadboum appointed new head of TPO

TEHRAN- Iranian Industry Minister Reza Rahmani appointed Hamid Zadboum as the new head of Trade Promotion Organization of Iran (TPO) and also a new deputy minister, TPO announced.
September 25, 2019

Domestic companies ink $1.2b port development deal

TEHRAN –Iran’s private sector has signed a 50-trillion-rial (nearly $1.2 billion) contract for developing Shahid Rajaie port in southern Iran, IRNA reported, quoting the head of Hormozgan Province Ports and Maritime Department as saying on Tuesday.
September 25, 2019

Iran Plast 2019: a showcase for Iranian petchem power

TEHRAN – After four busy days, the 13th edition of Iran’s International Exhibition of Plastic, Rubber, Machinery and Equipment (IRAN PLAST 2019) was finally wrapped up on Wednesday.
September 25, 2019

Forming ministry of trade and commercial services a must: official

TEHRAN – Iran’s deputy industry, mining and trade minister in parliament affairs said establishing a separate ministry for trade and commercial services is a requirement for handling such affair in the country, Shata reported on Tuesday.
September 24, 2019

Minerals extraction at 500m tons in a year

TEHRAN- Iranian Industry, Mining and Trade Minister Reza Rahmani put the country’s minerals extracted in the past Iranian calendar year (ended on March 20, 2019) at 500 million tons, IRNA reported.
September 24, 2019

‘Iran pushing to double petrochemical production by 2025’

TEHRAN - Nowadays, petrochemical industry is playing a crucial role in Iran's non-oil economy. According to official data, petrochemical exports constitute the second largest hard currency earner in Iran after crude oil. Petrochemical exports already m...
September 24, 2019

Monthly value of trades increases 22% at IME

TEHRAN- The value of trades at Iran Mercantile Exchange (IME) during the past Iranian calendar month of Shahrivar (August 23-September 22) increased 22 percent from its previous month, IME published on its website.
September 24, 2019

‘Syria needs Iran as a real friend for its reconstruction’

TEHRAN- Syrian Minister of Petroleum and Mineral Resource Ali Suleiman Ghanem said that his country welcomes presence of Iranian companies in the Syrian projects, reiterating that Syria needs Iran as a real friend for its reconstruction, IRNA reported.
September 24, 2019

Iran ready to reconstruct Syria’s oil, petchem industries: Zanganeh

TEHRAN- During his meeting with Syrian Minister of Petroleum and Mineral Resource Ali Suleiman Ghanem on Tuesday, Iranian Oil Minister Bijan Namdar Zanganeh expressed his country’s readiness to contribute to reconstruction of oil and petrochemical ind...
September 24, 2019

Loading, unloading of cargos at Iran’s ports rise 3.6% in 6 months

TEHRAN- Loading and unloading of commodities at the ports of Iran have risen 3.6 percent during the first half of the current Iranian calendar year (March 21-September 22) compared to the first half of the past year, ISNA reported on Tuesday.
September 24, 2019

Passenger transport via railway up 5% in H1

TEHRAN- Passenger transportation via railway network has increased 5.3 percent in Iran during the first half of the current Iranian calendar year (March 21-September 22) compared to the same period of time in the past year, the deputy director of Islam...
September 23, 2019

Private sector disapproving of trade law amendment bill

TEHRAN- On September 1, Iranian parliament (Majlis) approved a bill on amending the country’s trade law.
September 23, 2019

Iranian firms ink deal for indigenizing polymer production technology

TEHRAN – Iran’s Petrochemical Research and Technology Company (PRTC) has signed an agreement with Tabriz Petrochemical Company (TPC) for cooperation on indigenizing the technology for production of high density polyethylene (HDPE), Shana reported.
September 23, 2019

IRICA opens office at Tehran Permanent International Fairgrounds

TEHRAN – Islamic Republic of Iran Customs Administration (IRICA) has opened a representative office at Tehran Permanent International Fairgrounds in order to facilitate custom operations for exhibitors and participants of international exhibitions in t...