National Iranian Petrochemical Company
Encyclopedia
The National Iranian Petrochemical Company (NIPC), a subsidiary to the Iranian Petroleum Ministry
, is owned by the government of the Islamic Republic of Iran
. It is responsible for the development and operation of the country's petrochemical
sector. Founded in 1964, NIPC began its activities by operating a small fertilizer
plant in Shiraz
. Today, NIPC is the second largest producer and exporter of petrochemicals in the Middle East
. Over these years, it has not only expanded the range and volume of its products, but it has also taken steps in areas such as R&D to achieve more self-sufficiency.
Two special economic zones on the northern coast of the Persian Gulf
have been developed to be home to the NIPC’s new project. These two zones enjoy a good access to feedstock, infrastructural facilities, local and international markets and skilled manpower. Despite pressure being exerted on the Islamic Republic over its nuclear program, Tehran expects to see a surge in petrochemical exports from $5.5 billion in 2007 to a total of nearly $9 billion in 2008. The Fourth Five-Year Plan (2005–10) calls for a fourfold expansion of petrochemical output, to 56 million tons per year.
, Abadan, Kharg, Farabi, Bandar Imam
, complementary phase of Shiraz
and Iran-Carbon of Ahwaz petrochemical units were put into operation in that year.
Due to getting involved in imposed war
, Iran oil industry development experienced the lowest growth rate from 1978 till 1989. In 1989 the country petrochemical products reached 2.4 million tons a year.
Since 1989 till 1999 petrochemical industry started to reconstruct and revitalize. Isfahan, Arak
, Khorasan, Orumiyeh and Tabriz
Petrochemical complexes were constructed and Bandar Imam
Petrochemical Complex was also developed. This happened at the end of Country Second Development Plan and country petrochemical products surpassed 12 million tons per year.
The fourth period –called stabilizing and sudden growth period- started in 1999 and has been continued till now.
Nouri (Borzouyeh), Pars, Jam, Zagros, Pardis, and Mehr are considered world well-known complexes in producing petrochemical and polymer
products.
As at end of 2009, Iran’s total annual petrochemical production capacity stood at 34 million tonnes. In 2010, Iran produced 26% of the total petrochemical output in the Middle East
, second behind Saudi Arabia
.
The focus over the past few years has been on products which use natural gas as feedstock; in particular, methanol
, ethylene
, propane
and butane
. This is because the profit margins for crude oil and naphtha
-consuming petrochemicals are continuously eroding due to the competitiveness of the market and the high price of feedstock.
, methanol
, benzene
, ammonia
, sulphur, PVC
and propylene
. Iran exported $8.613 billion worth of different types of petrochemical products in Iranian year 2010-2011.
Methanol: Iran is a key player in supplying the world’s methanol demand. Currently, Iran has the capacity to produce more than 5 million tonnes of methanol
, which constitutes 10% of the world’s methanol production. Of this amount, approximately 90% is exported.
Ethane: In addition, Iran has a competitive advantage in the gas consuming stream of the petrochemical industry due to its vast reserves of natural gas
. In the Assalouyeh region near the South Pars gas field in the Persian Gulf
, Iran is able to convert raw gas to ethane
(a raw material for the petrochemical industry) and then to petrochemical products at a gross margin of up to 88%. In 2009, Iran consumed domestically over 95% of the natural gas that was produced.
Business Monitor International (BMI) estimates that in 2009, Iranian petrochemicals exports will be around $7.9 billion, 32 percent above the previous year. Iran hopes to implement 47 new petrochemical projects by the end of the Fifth Five-Year Economic Development Plan in 2015 at a cost of $25 billion, adding a total of 43 million tons per annum (tpa) to the capacity. Iran will represent at least 5.3 percent of global petrochemical output and 36 percent of Middle Eastern production once those projects become online. The Oil Ministry
has set targets for annual production of 11.5 million tpa of ethylene, 11.5 million tpa of polymer and 3.4 million tpa of urea, with a target of becoming the world’s leading producer of methanol
with 7.5 million tpa of methanol capacity, which represents 18 percent of global capacity.
Iran National Petrochemical Company's output capacity will increase to over 100 million tpa by 2015 from an estimated 50 million tpa in 2010 thus becoming the world' second largest chemical producer globally after Dow Chemical with Iran housing some of the world's largest chemical complexes.
The Jam Petrochemical Complex (JPC) is currently the largest ethylene
producing unit in the world.
NIPC plans to privatize 17 subsidiary companies by the end of 2007. All shares of domestic petrochemical firms will be offered to the public in the frame of a holding company
by the end of 2010. The petrochemical industry is also a key industry on the privatization list. At least 5 more petrochemical companies are expected to undergo privatisation over the next 3 years.
, these companies remain highly profitable and retain their global competitive advantage.
According to the 2010 Iranian Economic Reform Plan
, by 2015, petrochemical companies, which use natural gas as their feedstock (rather than fuel), will pay no more than 65% of the average export price (rather than 75% charged to the general population) for a period of 10 years.
s, one in Bandar Imam
in the town of Mahshahr
called "Petrochemical Special Economic Zone (Petzone)" and the other in Assaluyeh named "Pars Special Economic/Energy Zone (PSEEZ)".
As of 2010, the most important Petrochemical projects in the Pars Special Economic Energy Zone are:
9th Olefin, 10th Olefin, 4th Methanol, 4th Urea and Ammonia, Ethane recovery, Styrene Monomer and Polystyrene, Petrochemical Port, centralized utilities, 6th Methanol and DME.
11th Olefin, 12th Olefin, 6th Urea and Ammonia, 8th Urea and Ammonia and HDP Assaluyeh.
, Saudi Arabia
, UAE, Russia
, Qatar
, and Turkey
are potential members of PECF.
Specialized reports
Ministry of Petroleum of Iran
The Ministry of Petroleum manages the oil industry, the producer of oil and petrochemical products. MoP is in charge of all issues pertaining to exploration, extraction, exploitation, distribution and exportation of crude oil and oil products. In addition, according to the "", issuing import...
, is owned by the government of the Islamic Republic of Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
. It is responsible for the development and operation of the country's petrochemical
Petrochemical
Petrochemicals are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn or sugar cane....
sector. Founded in 1964, NIPC began its activities by operating a small fertilizer
Fertilizer
Fertilizer is any organic or inorganic material of natural or synthetic origin that is added to a soil to supply one or more plant nutrients essential to the growth of plants. A recent assessment found that about 40 to 60% of crop yields are attributable to commercial fertilizer use...
plant in Shiraz
Shiraz
Shiraz may refer to:* Shiraz, Iran, a city in Iran* Shiraz County, an administrative subdivision of Iran* Vosketap, Armenia, formerly called ShirazPeople:* Hovhannes Shiraz, Armenian poet* Ara Shiraz, Armenian sculptor...
. Today, NIPC is the second largest producer and exporter of petrochemicals in the Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...
. Over these years, it has not only expanded the range and volume of its products, but it has also taken steps in areas such as R&D to achieve more self-sufficiency.
Two special economic zones on the northern coast of the Persian Gulf
Persian Gulf
The Persian Gulf, in Southwest Asia, is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.The Persian Gulf was the focus of the 1980–1988 Iran-Iraq War, in which each side attacked the other's oil tankers...
have been developed to be home to the NIPC’s new project. These two zones enjoy a good access to feedstock, infrastructural facilities, local and international markets and skilled manpower. Despite pressure being exerted on the Islamic Republic over its nuclear program, Tehran expects to see a surge in petrochemical exports from $5.5 billion in 2007 to a total of nearly $9 billion in 2008. The Fourth Five-Year Plan (2005–10) calls for a fourfold expansion of petrochemical output, to 56 million tons per year.
History
Iran petrochemical industry dates back to 1963. The first petrochemical complex to produce fertilizer kicked off then. In 1977 (considered as initial development in Iran petrochemical industry) RaziRazi
- People :* Abu Hatim Muhammad ibn Idris al-Razi, hadith scholar, died 890.* Abu Hatim Ahmad ibn Hamdan al-Razi, Isma'ili theologian and philosopher, died c. 934.* Amin Razi, 16th-century Persian geographer...
, Abadan, Kharg, Farabi, Bandar Imam
Bandar Imam
Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families....
, complementary phase of Shiraz
Shiraz
Shiraz may refer to:* Shiraz, Iran, a city in Iran* Shiraz County, an administrative subdivision of Iran* Vosketap, Armenia, formerly called ShirazPeople:* Hovhannes Shiraz, Armenian poet* Ara Shiraz, Armenian sculptor...
and Iran-Carbon of Ahwaz petrochemical units were put into operation in that year.
Due to getting involved in imposed war
Iran-Iraq War
The Iran–Iraq War was an armed conflict between the armed forces of Iraq and Iran, lasting from September 1980 to August 1988, making it the longest conventional war of the twentieth century...
, Iran oil industry development experienced the lowest growth rate from 1978 till 1989. In 1989 the country petrochemical products reached 2.4 million tons a year.
Since 1989 till 1999 petrochemical industry started to reconstruct and revitalize. Isfahan, Arak
Arak, Iran
-Industries:thumb|right|250px|wagon parsArak is one of the main industrial cities of Iran, possessing many plants for heavy industries especially for the metal and machinery industries, including:...
, Khorasan, Orumiyeh and Tabriz
Tabriz
Tabriz is the fourth largest city and one of the historical capitals of Iran and the capital of East Azerbaijan Province. Situated at an altitude of 1,350 meters at the junction of the Quri River and Aji River, it was the second largest city in Iran until the late 1960s, one of its former...
Petrochemical complexes were constructed and Bandar Imam
Bandar Imam
Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families....
Petrochemical Complex was also developed. This happened at the end of Country Second Development Plan and country petrochemical products surpassed 12 million tons per year.
The fourth period –called stabilizing and sudden growth period- started in 1999 and has been continued till now.
Nouri (Borzouyeh), Pars, Jam, Zagros, Pardis, and Mehr are considered world well-known complexes in producing petrochemical and polymer
Polymer
A polymer is a large molecule composed of repeating structural units. These subunits are typically connected by covalent chemical bonds...
products.
Main activities
NIPC's major activities are production, sale, distribution and export of chemicals and petrochemicals. Currently allied with 56 subsidiaries, including 9 production complexes and 18 project implementing companies, NIPC operates as a mother company handling policy-making, planning, directing and overseeing the activities of its subsidiaries and affiliates.As at end of 2009, Iran’s total annual petrochemical production capacity stood at 34 million tonnes. In 2010, Iran produced 26% of the total petrochemical output in the Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...
, second behind Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
.
The focus over the past few years has been on products which use natural gas as feedstock; in particular, methanol
Methanol
Methanol, also known as methyl alcohol, wood alcohol, wood naphtha or wood spirits, is a chemical with the formula CH3OH . It is the simplest alcohol, and is a light, volatile, colorless, flammable liquid with a distinctive odor very similar to, but slightly sweeter than, ethanol...
, ethylene
Ethylene
Ethylene is a gaseous organic compound with the formula . It is the simplest alkene . Because it contains a carbon-carbon double bond, ethylene is classified as an unsaturated hydrocarbon. Ethylene is widely used in industry and is also a plant hormone...
, propane
Propane
Propane is a three-carbon alkane with the molecular formula , normally a gas, but compressible to a transportable liquid. A by-product of natural gas processing and petroleum refining, it is commonly used as a fuel for engines, oxy-gas torches, barbecues, portable stoves, and residential central...
and butane
Butane
Butane is a gas with the formula C4H10 that is an alkane with four carbon atoms. The term may refer to any of two structural isomers, or to a mixture of them: in the IUPAC nomenclature, however, butane refers only to the unbranched n-butane isomer; the other one being called "methylpropane" or...
. This is because the profit margins for crude oil and naphtha
Naphtha
Naphtha normally refers to a number of different flammable liquid mixtures of hydrocarbons, i.e., a component of natural gas condensate or a distillation product from petroleum, coal tar or peat boiling in a certain range and containing certain hydrocarbons. It is a broad term covering among the...
-consuming petrochemicals are continuously eroding due to the competitiveness of the market and the high price of feedstock.
| Product | Domestic sale - Quantity/Value (2003) | Exports - Quantity/Value (2003) |
|---|---|---|
| Chemicals | 749 / 232 | 804 / 217 |
| Fertilizers | 896 / 99 | 2069 / 138 |
| Polymers | 105 / 76 | 842 / 555 |
| Aromatics | 335 / 172 | 167 / 73 |
| Fuel Fuel Fuel is any material that stores energy that can later be extracted to perform mechanical work in a controlled manner. Most fuels used by humans undergo combustion, a redox reaction in which a combustible substance releases energy after it ignites and reacts with the oxygen in the air... & hydrocarbons |
2459 / 646 | 683 / 140 |
| Total: | 4544 thousand tons / $1225 million | 4565 thousand tons / $1123 million |
Main products
Iran has a diversified basket with more than 70 products. The main exports are polyethylenePolyethylene
Polyethylene or polythene is the most widely used plastic, with an annual production of approximately 80 million metric tons...
, methanol
Methanol
Methanol, also known as methyl alcohol, wood alcohol, wood naphtha or wood spirits, is a chemical with the formula CH3OH . It is the simplest alcohol, and is a light, volatile, colorless, flammable liquid with a distinctive odor very similar to, but slightly sweeter than, ethanol...
, benzene
Benzene
Benzene is an organic chemical compound. It is composed of 6 carbon atoms in a ring, with 1 hydrogen atom attached to each carbon atom, with the molecular formula C6H6....
, ammonia
Ammonia
Ammonia is a compound of nitrogen and hydrogen with the formula . It is a colourless gas with a characteristic pungent odour. Ammonia contributes significantly to the nutritional needs of terrestrial organisms by serving as a precursor to food and fertilizers. Ammonia, either directly or...
, sulphur, PVC
PVC
Polyvinyl chloride is a plastic.PVC may also refer to:*Param Vir Chakra, India's highest military honor*Peripheral venous catheter, a small, flexible tube placed into a peripheral vein in order to administer medication or fluids...
and propylene
Propylene
Propene, also known as propylene or methylethylene, is an unsaturated organic compound having the chemical formula C3H6. It has one double bond, and is the second simplest member of the alkene class of hydrocarbons, and it is also second in natural abundance.-Properties:At room temperature and...
. Iran exported $8.613 billion worth of different types of petrochemical products in Iranian year 2010-2011.
Methanol: Iran is a key player in supplying the world’s methanol demand. Currently, Iran has the capacity to produce more than 5 million tonnes of methanol
Methanol
Methanol, also known as methyl alcohol, wood alcohol, wood naphtha or wood spirits, is a chemical with the formula CH3OH . It is the simplest alcohol, and is a light, volatile, colorless, flammable liquid with a distinctive odor very similar to, but slightly sweeter than, ethanol...
, which constitutes 10% of the world’s methanol production. Of this amount, approximately 90% is exported.
Ethane: In addition, Iran has a competitive advantage in the gas consuming stream of the petrochemical industry due to its vast reserves of natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
. In the Assalouyeh region near the South Pars gas field in the Persian Gulf
Persian Gulf
The Persian Gulf, in Southwest Asia, is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.The Persian Gulf was the focus of the 1980–1988 Iran-Iraq War, in which each side attacked the other's oil tankers...
, Iran is able to convert raw gas to ethane
Ethane
Ethane is a chemical compound with chemical formula C2H6. It is the only two-carbon alkane that is an aliphatic hydrocarbon. At standard temperature and pressure, ethane is a colorless, odorless gas....
(a raw material for the petrochemical industry) and then to petrochemical products at a gross margin of up to 88%. In 2009, Iran consumed domestically over 95% of the natural gas that was produced.
Expansion of the petrochemical industry
In 1989 the Planning and Development Department of NIPC initiated, with the help of other related institutions and individuals, a long-term study on the "Strategic Plan for the Development of the Petrochemical Industry in Iran". Considering national and international factors such as the local market, export potentials, feedstock availability and profitability, a 25-year development plan, consisting of five development phases, was drawn up.Business Monitor International (BMI) estimates that in 2009, Iranian petrochemicals exports will be around $7.9 billion, 32 percent above the previous year. Iran hopes to implement 47 new petrochemical projects by the end of the Fifth Five-Year Economic Development Plan in 2015 at a cost of $25 billion, adding a total of 43 million tons per annum (tpa) to the capacity. Iran will represent at least 5.3 percent of global petrochemical output and 36 percent of Middle Eastern production once those projects become online. The Oil Ministry
Ministry of Petroleum of Iran
The Ministry of Petroleum manages the oil industry, the producer of oil and petrochemical products. MoP is in charge of all issues pertaining to exploration, extraction, exploitation, distribution and exportation of crude oil and oil products. In addition, according to the "", issuing import...
has set targets for annual production of 11.5 million tpa of ethylene, 11.5 million tpa of polymer and 3.4 million tpa of urea, with a target of becoming the world’s leading producer of methanol
Methanol
Methanol, also known as methyl alcohol, wood alcohol, wood naphtha or wood spirits, is a chemical with the formula CH3OH . It is the simplest alcohol, and is a light, volatile, colorless, flammable liquid with a distinctive odor very similar to, but slightly sweeter than, ethanol...
with 7.5 million tpa of methanol capacity, which represents 18 percent of global capacity.
Iran National Petrochemical Company's output capacity will increase to over 100 million tpa by 2015 from an estimated 50 million tpa in 2010 thus becoming the world' second largest chemical producer globally after Dow Chemical with Iran housing some of the world's largest chemical complexes.
The Jam Petrochemical Complex (JPC) is currently the largest ethylene
Ethylene
Ethylene is a gaseous organic compound with the formula . It is the simplest alkene . Because it contains a carbon-carbon double bond, ethylene is classified as an unsaturated hydrocarbon. Ethylene is widely used in industry and is also a plant hormone...
producing unit in the world.
Research & development
NIPC is investing more on its R&D activities: this includes carrying out joint research projects with local institutions and universities; systematic link with local and foreign research centers; and design and operation of pilot plants for research purposes.Privatization
Local and foreign, is essential for sustained growth of the petrochemical industry in Iran. Policies for encouragement of private sector participation include allocating NIPC shares to private sector both inside and outside of Iran; supporting local private sector investments in the petrochemical industry; supporting local engineering firms and production companies; allocating parts of engineering, and most of construction jobs, to the local private sector; and allowing the private sector to invest in new projects in the petrochemical industry.NIPC plans to privatize 17 subsidiary companies by the end of 2007. All shares of domestic petrochemical firms will be offered to the public in the frame of a holding company
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
by the end of 2010. The petrochemical industry is also a key industry on the privatization list. At least 5 more petrochemical companies are expected to undergo privatisation over the next 3 years.
Feedstock price
For several years, Iranian petrochemical companies have enjoyed significant discounts from the government on their natural gas feedstock, in comparison to global prices. Even with the partial removal of governmental subsidies on natural gas as part of the economic reform planIranian Economic Reform Plan
The Iranian targeted subsidy plan also known as the subsidy reform plan was passed by the Iranian Parliament on January 5, 2010. The government has described the subsidy plan as the "biggest surgery" to the nation's economy in half a century and "one of the most important undertakings in Iran's...
, these companies remain highly profitable and retain their global competitive advantage.
According to the 2010 Iranian Economic Reform Plan
Iranian Economic Reform Plan
The Iranian targeted subsidy plan also known as the subsidy reform plan was passed by the Iranian Parliament on January 5, 2010. The government has described the subsidy plan as the "biggest surgery" to the nation's economy in half a century and "one of the most important undertakings in Iran's...
, by 2015, petrochemical companies, which use natural gas as their feedstock (rather than fuel), will pay no more than 65% of the average export price (rather than 75% charged to the general population) for a period of 10 years.
NIPC affiliate companies
| Company | Location | Year founded | Employees | Production (as of 2009) | Costs | Remarks |
|---|---|---|---|---|---|---|
| Khorasan Petrochemical Co. | Khorasan | 1996 | fertilizers including urea, ammonia and crystal melamine | privatized co. | ||
| Tabriz Petrochemical Co. | Tabriz Tabriz Tabriz is the fourth largest city and one of the historical capitals of Iran and the capital of East Azerbaijan Province. Situated at an altitude of 1,350 meters at the junction of the Quri River and Aji River, it was the second largest city in Iran until the late 1960s, one of its former... |
1989 | 978 | petrochemicals including ethylene and propylene | new projects: $35 million | |
| Isfahan Petrochemical Co. | Isfahan | privatized co. | ||||
| Arak Petrochemical Co. | Arak Arak, Iran -Industries:thumb|right|250px|wagon parsArak is one of the main industrial cities of Iran, possessing many plants for heavy industries especially for the metal and machinery industries, including:... |
1987 | 1,898 | petrochemicals including ethylene and polyethylene | One of the largest privatized co. on TSE Tehran Stock Exchange The Tehran Stock Exchange is Iran's largest stock exchange, which first opened in 1967. The TSE is based in Tehran. As of July 2010, 337 companies with a market capitalization of US$72 billion were listed on TSE... Affiliate companies: Bakhtar - Andimeshk, Chahar Mahal Bakhtiari, Gachsaran, Hamedan, Kermanshah, Kordestan, Lorestan, Mahabad, Mamasani, Miandoab, Kavian, Dehdasht. |
|
| Kharg Petrochemical Co. | Kharg | One of the largest privatized co. on TSE Tehran Stock Exchange The Tehran Stock Exchange is Iran's largest stock exchange, which first opened in 1967. The TSE is based in Tehran. As of July 2010, 337 companies with a market capitalization of US$72 billion were listed on TSE... |
||||
| Shiraz Petrochemical Co. | Shiraz Shiraz Shiraz may refer to:* Shiraz, Iran, a city in Iran* Shiraz County, an administrative subdivision of Iran* Vosketap, Armenia, formerly called ShirazPeople:* Hovhannes Shiraz, Armenian poet* Ara Shiraz, Armenian sculptor... |
1959 | 2,261 | fertilizers including urea, ammonia and methanol | affiliate: Kermanshah petrochemical co. | |
| Razi Petrochemical Co. | near Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... and Petzone |
1968 | 2,100 | fertilizers including ammonia, urea, phosphoric acid and sulphuric acid | Linked to Iran's nuclear and missile programs. Privatized co. As of 2008, owned by a Turkish Turkey Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe... consortium. |
|
| Orumiyeh Petrochemical Co. | Orumiyeh | 1995 | petrochemicals including crystal melamine, ammonium sulphate and ammonium carbonate | privatized co. | ||
| Bandar Imam Petrochemical Co. (formerly known as "Iran Japan Petrochemical Co.") | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
1973 | production and marketing of fuel and petrochemicals including aromatics, polymers and chemicals | affiliates: Ab Niroo, Basparan, Faravaresh, Kharazmi, Kimia. One of Iran's top 100 companies. | ||
| NIPC International Co. | ||||||
| Petrochemical Commercial Co. (PCC) | sales of petrochemical products in the international markets as well as supplying Iran’s petrochemical downstream industries | subsidiaries in England England England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental... , Germany Germany Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate... (Intra-Chem Trading Co.), China China Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture... , Singapore Singapore Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the... , India India India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world... , U.A.E, South Korea South Korea The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south... and Turkey Turkey Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe... . |
||||
| Bu-Ali Sina | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
benzene, paraxylene, orthoxylene O-Xylene o-Xylene is an aromatic hydrocarbon, based on benzene with two methyl substituents bonded to adjacent carbon atoms in the aromatic ring .It is a constitutional isomer of m-xylene and p-xylene.... , light ends, raffinate, LPG, pentene, heavy aromatics and naphtha |
one of the biggest petrochemical plant in Iran. | |||
| Arvand Project | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
2010 | 300,000 tons of polyvinyl chloride (PVC), 660,000 tons of caustic soda, 340,000 tons of vinyl chloride and 890,000 tons of ethylene dichloride, color alkali (2.834 million tpy) | $1.612 billion | 8th olefin project - under implementation (2009). Arvand is the largest polyvinyl chloride (PVC) producer in the Middle East. | |
| Amir Kabir Project | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
1998 | 700 | petrochemicals including heavy polyethylene (300K tpy), ethylene, propylene | new projects: $309 million | Privatized company. 6th olefin project. Privatized co. |
| Shahid Tondguyan Petrochemical Co. | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
1998 | PTA, PET-F (bottle grade), PET-G (fiber grade), PET (staple grade), PET (POY grade) | One of the largest companies in Iran. | ||
| Khuzestan Petrochemical Co. | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
1997 | liquid epoxy resin, solid epoxy resin, polycarbonates | |||
| Non-Basic Services Co. | services | |||||
| Fajr Petrochemical Co. (Phase. 1) | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
1999 | electricity, steam, nitrogen, oxygene, air, aragon, various waters | utilities required by the process plants in the Petzone. | ||
| Mobin Centralized Utility | Assaluyeh (PSEEZ) | 2000 | electricity, steam, nitrogen, oxygene, air, various waters | $359 million | utilities required by the process plants in the PSEEZ. | |
| Kermanshah Petrochemical Co. | Kermanshah Kermanshah Kermanshah is a city in and the capital of Kermanshah Province, Iran. At the 2006 census, its population was 784,602, in 198,117 families.The overwhelming majority of Kermanshahi people are Shi'a Muslims... |
1986 | amonia, urea | |||
| Bisootun | Bisootun in Kermanshah Kermanshah Kermanshah is a city in and the capital of Kermanshah Province, Iran. At the 2006 census, its population was 784,602, in 198,117 families.The overwhelming majority of Kermanshahi people are Shi'a Muslims... |
1999 | LAB, HAB | |||
| Jam Petrochemical Complex | Assaluyeh (PSEEZ) | etylene: 1.320 million metric tpy to be increased to 4.2 million in few years, butadiene (115K tpy). The complex also includes a light polyethylene unit with annual production of 300,000 tons, a poly-propylene unit (with production of 300,000 tons per annum), an ethylene glycol unit (443,000 tons) and heavy polyethylene (300,000 tons). | new projects: $148 million | 10th olefin. World's largest ethylene Ethylene Ethylene is a gaseous organic compound with the formula . It is the simplest alkene . Because it contains a carbon-carbon double bond, ethylene is classified as an unsaturated hydrocarbon. Ethylene is widely used in industry and is also a plant hormone... unit. Privatized co. Certification: ISO-9001:2000, OHSAS-18001:1999, ISO-14001:2004, IMS. |
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| Pardis Petrochemical Complex | Assaluyeh (PSEEZ) | 2000 | 1000 | 1.75 million tonnes of urea and 680,000 tonnes of ammonia per annum | $210 million (1st phase) and $450 million (2nd phase) | 2nd phase was completed in July 2010. |
| Zagros Petrochemical Complex | Assaluyeh (PSEEZ) | 2004 | methanol (1.650 million tpy) | $341 million | Participation of Ghadir Investment Company Ghadir Investment Company Ghadir Investment Company was established in 1991 in Iran. Its activities range from managing or restructuring Iranian companies on behalf of its parent company, Saderat Bank of Iran. GHADIR is one of the largest listed companies on the Tehran Stock Exchange with a market capitalization in excess... (Ghadir Urea) in 4th & 6th Olefin. Privatized co. Zagros Petrochemical is the world's largest methanol producer. As of 2011, it had a production capacity of 3.3 million tonnes per annum. |
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| Pars Petrochemical Complex | Assaluyeh (PSEEZ) | 1998 | include ethane, propane, butane, gasoline, ethylene benzene and styrene monomer (1.245 million tpy) | $535 million | participation in Aryasasol Aryasasol Aryasasol Polymer Company is a $900-million polymer joint venture between the Iranian state-owned petrochemicals company, Pars Petrochemicals Company and Sasol Polymers which produces ethylene as well as high and low density polyethylene. Iran and South Africa have equally invested 1.35 billion... . The styrene monomer plant in Pars Petrochemical complex is the largest such plant in the world which produces 600,000 tons of this product annually. Privatized company. Major shareholder as of 2010: Armed Forces Pension Fund (SATA) |
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| Mehr Petrochemical Plant | Assaluyeh (PSEEZ) | petrochemicals including HDPE (300K tpy) | $231 million | partner: Japan Japan Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south... . |
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| Morvarid Petrochemical Plant | 500,000 tpy ethylene | $422 million | privatized co. | |||
| Marun Petrochemical Complex Marun petrochemical complex Marun Petrochemical Complex , is a petrochemical complex in Mahshahr, Khuzestan, Iran.The complex consists of LDPE, HDPE, PP, Olefin, EO/EG and UT plants.The main plant is Olefin which feeds the others.... |
Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
petrochemicals including low density polyethylene and olefin | affiliate: Laleh (LDPE project) - under implementation. Privatized company. Major shareholder as of 2010: Armed Forces Pension Fund (SATA) | |||
| Arya Sasol Polymer Co. | Assaluyeh (PSEEZ) | 2009 | 400,000 tons of ethylene, 90,000 tons of C3 cut, 300,000 tons of medium and heavy polyethylene, and 300,000 tons of light polyethylene | $3.5 billion | 9th olefin. Partner: South Africa South Africa The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans... (Sasol Sasol Sasol Ltd. is a South African company involved in mining, energy, chemicals and synfuels. In particular, they produce petrol and diesel profitably from coal and natural gas using Fischer-Tropsch process... ). Privatized co. |
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| Nouri (Borzouyeh) Petrochemical Complex | Assaluyeh (PSEEZ) | 1999 | 380 | 4.5 million tons of petrochemicals, including benzene, liquefied petroleum gas, raffinate, heavy aromatics (2.5 million tpy), orthoxylene and paraxylene | world’s largest aromatics producing complex. | |
| Fanavaran Petrochemical Co. | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
1998 | 1 million tons of methanol per year, 140,000 tons of carbon | privatized. Methanol to project [MTP] - vinyl acetate monomer project [VAM]. Fanavaran Petrochemical, Iran’s second largest methanol producer, was the first to be privatised. | ||
| Abadan Petrochemical Co. | Abadan | 1966 | PVC, caustic soda, DDB | privatized co. See also Abadan Refinery Abadan Refinery The Abadan refinery was located in Abadan near the coast of the Persian Gulf. It was completed in 1912 and was one of world's largest oil refineries when it was destroyed in 1980 by Iraq in the Iraq-Iran war. Its nationalisation in 1951 prompted the Abadan Crisis and ultimately the toppling of the... |
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| Polica Nowin Industrial Polymers Co. | Karaj Karaj Karaj is a city in and the capital of Karaj County, Alborz Province, Iran. At the 2006 census, its population was 1,377,450, in 385,955 families, , making it the fifth-largest city in Iran after Tehran, Mashhad, Isfahan and Tabriz.) It is situated west of Tehran, at the foothills of the Alborz... |
2003 | pipe, soft granule, joints & fittings, mixed powder | privatized co. | ||
| Farabi Petrochemical Co. | Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... (Petzone) |
1973 | dioctyle phetalat (DOP), phthalic anhydride (PA) | privatized co. | ||
| Iran-Carbon | Ahwaz | 1974 | industrial coke | privatized co. Certification: ISO-14001: 2004, ISO-9001: 2000. | ||
| Petrochemical Development & Management Co. | services | |||||
| Rahavaran Fonoon Petrochemical company | near Bandar Imam Bandar Imam Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families.... and Petzone |
1998 | educational and training services | |||
| VenIran Petrochemical Company (VIPC) | Assaluyeh (PSEEZ) | planned | 1.6 million tonnes of methanol per year | 500 million euros | Joint-venture with Venezuela Venezuela Venezuela , officially called the Bolivarian Republic of Venezuela , is a tropical country on the northern coast of South America. It borders Colombia to the west, Guyana to the east, and Brazil to the south... . |
Foreign investment
In accordance with the government policy on rapid development of the petrochemical industry, many steps have been taken to make foreign investments in this industry more attractive for our future joint-venture partners. Such actions include creation of special industrial economic zones, revision of legal to taxes and tariffs, guarantee of capital and profit transfer, and providing the required utilities and the needed infrastructure for industrial and commercial operations. The availability of a highly trained but inexpensive work-force, cheap feedstocks and a sizable internal market, will also work in Iran's favor, to attract foreign investment.Special industrial economic zones
To provide a suitable environment for attraction of foreign and local investments in the petrochemical industry, NIPC has made a great effort to develop two special economic zoneSpecial Economic Zone
A Special Economic Zone is a geographical region that has economic and other laws that are more free-market-oriented than a country's typical or national laws...
s, one in Bandar Imam
Bandar Imam
Bandar-e Emam Khomeyni is a city in and the capital of Bandar-e Emam Khomeyni District of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 67,078, in 14,681 families....
in the town of Mahshahr
Mahshahr
Bandar-e Mahshahr is a city in and the capital of Mahshahr County, Khuzestan Province, Iran. At the 2006 census, its population was 109,927, in 24,110 families....
called "Petrochemical Special Economic Zone (Petzone)" and the other in Assaluyeh named "Pars Special Economic/Energy Zone (PSEEZ)".
As of 2010, the most important Petrochemical projects in the Pars Special Economic Energy Zone are:
9th Olefin, 10th Olefin, 4th Methanol, 4th Urea and Ammonia, Ethane recovery, Styrene Monomer and Polystyrene, Petrochemical Port, centralized utilities, 6th Methanol and DME.
11th Olefin, 12th Olefin, 6th Urea and Ammonia, 8th Urea and Ammonia and HDP Assaluyeh.
Petrochemical Exporting Countries Forum (PECF)
Iran has proposed the creation of a Petrochemical Exporting Countries Forum (PECF) which aims at financial and technological cooperation among members, as well as product pricing and policy making in production issues. According to the Managing Director of National Iranian Petrochemical Company (NIPC), Abdolhossein Bayat, IranIran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
, Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
, UAE, Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
, Qatar
Qatar
Qatar , also known as the State of Qatar or locally Dawlat Qaṭar, is a sovereign Arab state, located in the Middle East, occupying the small Qatar Peninsula on the northeasterly coast of the much larger Arabian Peninsula. Its sole land border is with Saudi Arabia to the south, with the rest of its...
, and Turkey
Turkey
Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...
are potential members of PECF.
See also
- Petroleum industry in IranPetroleum industry in IranIn 2004 Iran produced 5.1 percent of the world’s total crude oil , which generated revenues of US$25 billion to US$30 billion and was the country’s primary source of foreign currency. At 2006 levels of production, oil proceeds represented about 18.7 percent of gross domestic product . However, the...
- Iranian Oil BourseIranian oil bourseThe Iranian Oil Bourse International Oil Bourse, Iran Petroleum Exchange Kish Exchange or Oil Bourse in Kish is a commodity exchange which opened on February 17, 2008. It was created by cooperation between Iranian ministries, the Iran Mercantile Exchange and other state and private institutions...
- Trading in petrochemical products - Ministry of Petroleum of IranMinistry of Petroleum of IranThe Ministry of Petroleum manages the oil industry, the producer of oil and petrochemical products. MoP is in charge of all issues pertaining to exploration, extraction, exploitation, distribution and exportation of crude oil and oil products. In addition, according to the "", issuing import...
- National Iranian Oil CompanyNational Iranian Oil CompanyThe National Iranian Oil Company , a government-owned corporation under the direction of the Ministry of Petroleum of Iran, is an oil and natural gas producer and distributor headquartered in Tehran. It was established in 1948...
- The Industrial Corridor of AsalouyehAsalouyehAsaluyeh is a city in and the capital of Asaluyeh District, in Kangan County, Bushehr Province, Iran. At the 2006 census, its population was 4,746, in 875 families....
- Marun petrochemical complexMarun petrochemical complexMarun Petrochemical Complex , is a petrochemical complex in Mahshahr, Khuzestan, Iran.The complex consists of LDPE, HDPE, PP, Olefin, EO/EG and UT plants.The main plant is Olefin which feeds the others....
- Privatization in IranPrivatization in IranAccording to the Fourth Five-Year Economic Development Plan , the Privatization Organization of Iran affiliated to the Ministry of Economic Affairs and Finance is in charge of setting prices and ceding shares to the general public and on the Tehran Stock Exchange...
- Ghadir Investment CompanyGhadir Investment CompanyGhadir Investment Company was established in 1991 in Iran. Its activities range from managing or restructuring Iranian companies on behalf of its parent company, Saderat Bank of Iran. GHADIR is one of the largest listed companies on the Tehran Stock Exchange with a market capitalization in excess...
- List of Iranian Research Centers (Polymers)
External links
- Official NIPC's Website
- NIPC affiliated companies - interactive map
- Iran Petrochemicals Report Q1 2011
- Overview of Petrochemical Industry in Iran
- New Petrochemical Plants Due in 2010
- List of NIPC's current projects (2009)
- List of project at PSEEZ (2010)
Specialized reports