Iran is Expecting New Petchem Plants

Hamidreza Seyyed Jafari, the corporate planning director of the National Iranian Oil Refining and Distribution Company (NIORDC), is quoted to have mentioned that new petrochemical plants, targeting to produce propylene-chain will be launched at the refineries of Imam Khomeini, Shazand and Isfahan.

Iran is expecting to churn out as much as $14 Billion of petrochemical export revenue by 2012.

Most of the products are second level derivatives such as polyethylene, methanol, benzene, ammonia, sulphur and PVC.

It would be interesting to note that United States is currently fighting for a sanction and trying to get Europe on table on Iran.

Dim Outlook on Iran's Petrochemical Sector

Iran's Petrochemical sector is expected to be badly affected by the recent announcement by the US Government to impose yet another sanction. This time it is specifically targeting Iran's petrochemical industry.

The sanction can be as soon as next Monday.

Iran has responded that it is largely a political motive by the IAEA and the United States in accusing Iran of having nuclear power. European countries are expected to follow suit, but not immediately, especially during these times as the bloc is fighting its own economic turmoil and companies with roots in Europe are feeling nervous.

Further sanctions will hurt the companies having business deals on the petrochemical industry with Iran.

Introduction to Production Engineering for Undergraduates

This is a new section, to share our experience in the petrochemical industry. This is like chemical engineering 101 but only difference is, this is the stuff that they do not teach you at university, more of practices in the petrochemical industry and rule of thumbs for design, in order to accelerate anyone who just enters the industry.

In broader sense, petrochemical or oil and gas is not that far of difference, talking from design and