Iran to raise petrochemical exports to Turkey, Russia

TEHRAN, Dec. 02 (MNA) – An official in Iran’s petrochemical industry has said Iran would increase its petrochemical exports to Turkey, Russia and Central Asian countries.

Pointing to Iran’s agenda as the world's largest producer of ethylene products, Mohsen Farahi announced Iran's decision to increase its petrochemical products exports to Turkey, Russia, Central Asian countries and the Caucasus. He stated that Iran had exported about 35 million tons of plastic raw materials to Turkey as well as more than 10 tons of polymer products to Central Asian countries and Russia early this year, adding that in total more than 330 tons of petrochemical products were exported since the beginning of the year.

“Last year, over a million and 900 thousand tons of polymer products were exported from the Jam Petrochemical Co. to the world markets,” head of Petrochemical Sales and Marketing said, adding that “despite international sanctions, exports of petrochemical products have grown by 34% during the last year.”

He noted that in 2013, Jam Petrochemical Co. exported more than 293,000 tons of polymer products to China, as Iran’s largest market for polymer. “The figure is equivalent to 37 percent of total polymer exports to China as well as 8% of Iran’s Polymer market,” Farahi added.

 

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