Isfahan Oil Refinery to Become Petro-Refinery Holding Company
03.19.2023 By TankTerminals.com - NEWS

March 19, 2023 [Financial Tribune] – Isfahan Oil Refinery in the central Isfahan Province has launched development plans to turn into a petro-refinery holding company and one of the plans is to become a major propylene producer in three years, the company’s managing director said.

 

“The goal will be achieved by constructing a residue fluid catalytic cracking [RFCC] unit, and it is expected to produce 600,000 tons of propylene in 2026,” Mohsen Qadiri was also quoted as saying by the Energy Today website.

Propylene is a colorless gas with a naturally pungent smell. It is a key commodity in the petrochemical industry and can be transformed into value added products like polypropylene and create jobs in the downstream petrochemical sector.

RFCC units help convert hydrotreated and straight-run resid to high levels of propylene.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

BP Exits Bay du Nord Oil Project, Leaving Equinor as Sole Owner
07.06.2026 - NEWS
July 06, 2026 [Reuters]- BP has agreed to sell its stake in the Bay du Nord offshore oil project ... Read More
Glenfarne, BGN Sign HoA for LNG Supply from Texas LNG
07.06.2026 - NEWS
July 06, 2026 [Offshore Technology]- Glenfarne Global Commodities, the liquefied natural gas (LNG... Read More
UAE's ADNOC Launches Combined LNG Marketing and Trading Platform
07.06.2026 - NEWS
July 06, 2026 [Reuters]- UAE state oil giant ADNOC launched a new liquefied natural gas marketing... Read More
Oil and Gas Supply Chain Strategy: Why Energy Flows Are Now Strategic Infrastructure
07.06.2026 - NEWS
30 Jun 2026 [ Logisticsviewpoints ]- Oil and gas is commonly described in terms of commodities, ... Read More