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Iran exports USD6b worth of petchem products in H1  Join our daily free Newsletter

MENAFN - 30/09/2012

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(MENAFN) Iran's National Petrochemical Company's managing director, Abdolhossein Bayat, stated that during the first half of the current Iranian calendar year, started March 20, the country's exports of petrochemical products reached USD6 billion, reported Tehran Times.

Bayat said that by the end of the year, Tehran's petrochemical exports are forecasted to reach more than USD15 billion, as the country plans to boost petrochemical production by 5 million tons to 49 million tons during the year.

Iran's exports of petrochemical products during the last calendar year reached 16.2 million tons, going to 60 countries.

It is worth noting that global economic sanctions that target the Islamic Republic's oil sector have not been effective, according to Ali-Mohammad Bassaqzadeh, an official with the National Iranian Petrochemical Industries, who added that many countries have submitted orders to acquire Iranian petrochemical products.

 






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