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Iran to raise petrochemical exports by 25%

by ChemOrbis Editorial Team -
  • 18/08/2015 (14:43)
According to media reports, Iran is planning to increase its petrochemical exports by 25% by the end of 2016. The Iran Petrochemical Commercial Company’s managing director Mehdi Sharifi Niknafs reportedly stated that exporting will be easier and cheaper following the anticipated removal of restrictions on banking, insurance and shipping. Iran exported around $14 billion of petrochemical products in 2014.

Iran signed a nuclear deal with six world powers in Vienna on July 14. The deal calls for sanctions on Iran to be gradually lifted in exchange for greater transparency in Iran’s nuclear program.
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