Iran petrochemicals

EghtesadOnline: Tehran and Ankara are taking steps to ease petrochemical trade by scaling back Turkey's import duties on Iranian petrochemicals, an official at the Petrochemical Downstream Industries Department said on Wednesday.

EghtesadOnline: Total petrochemicals export in the first four months of the year 1396 (March 21- July 22) reached 7.188 million tons worth more than 3.496 billion dollars.

EghtesadOnline: The National Petrochemical Company (NPC) has announced that the 57 active petrochemical plants in Iran are estimated to yield 60 million tons of petrochemicals this calendar year which ends on March 20 2018.

EghtesadOnline: Iran exported 11.742 million tons of varying kinds of petrochemicals in the first seven months (March 20-October 21) of the current Iranian calendar year of 1395 (started on March 20).

EghtesadOnline: In line with policies to reduce the production and sale of low value-added products, two projects, worth about $7 billion, are being finalized to produce an array of petrochemicals with greater return, the managing director of Persian Gulf Holding Company said.

EghtesadOnline: European countries, including Spain, Turkey, Romania and Belgium became customer of Iran petrochemical products in post-sanction era.

EghtesadOnline: Iran has acknowledged that its exports of petrochemicals to China have hit a snag since May over banking problems with a top official in Tehran saying the top-level intervention by the governments of the two countries is needed to restart the exports.