Skip to content

Filter Options
Text :
Search Criteria :
Territory/Country :
Product Group/Product :
News Type :
My Favorites:
 

Iran to establish petrochemical shipping firm

by ChemOrbis Editorial Team - content@chemorbis.com
  • 07/11/2017 (13:58)
According to Iran’s local media, the country is planning to set up a new shipping firm to manage the country’s petrochemical exports.

According to the plan put forward by Iran’s Petrochemical Commercial Company, petrochemical producers should collaborate on forming a joint shipping company to reduce shipment costs.

Iran’s domestic petrochemical producers reportedly spent $1.5 billion for the shipment of petrochemicals last year, which amounts to nearly 15% of the country’s exports revenue.

The country’s two major shipping firms include the Islamic Republic of Iran Shipping Lines (IRISL) and the National Iranian Tanker Company (NITC).
Free Trial
Member Login