Iran is planning to increase its propylene output by more than three times.

Brazil has emerged as a new destination for petrochemical shipments from Iran which is tapping new markets to compensate for sliding oil sales.

The CEO of Iran’s National Petrochemical Company has shrugged off US sanctions on the country’s largest and most profitable petrochemical group, saying they will not impact the industry.

Professor of Economics Steve Keen says US mixed messages toward Iran are irrational and only reflect Washington’s determination to follow its regional interests.

Iran says new US sanctions on its petrochemical industry show the hollowness of President Donald Trump's claims to be open to fresh negotiations with Tehran.

Governor of the Central Bank of Iran Abdolnaser Hemmati says the country’s foreign exchange reserves are robust despite tightening US sanctions.

Marjan Petrochemical Company, which was inaugurated just last week, is offering several methanol cargoes for shipment to India later this month.

Iran opens $1.85 billion worth of petrochemical projects.

President Hassan Rouhani attends the opening of three projects about to add 3.4 million metric tons per year to Iran's petrochemical capacity.

A shortage of raw materials has reportedly tripled the prices of plastic products in Iran with traders blaming a more expensive US dollar which they say is encouraging suppliers of petrochemicals to prefer exports over domestic demand.