Europeans Eager to Buy Petchems with Iranian Brand

Europeans Eager to Buy Petchems with Iranian Brand
(Sunday, October 16, 2016) 18:14

TEHRAN (NIPNA) – The petrochemicals supplied by Iranian producers have sparked so much interest in Europe in such a way that European customers have displayed a remarkable interest for buying petrochemicals from Iranian supplies, says Ali Mohammad Bossaqzadeh, director of production control at National Petrochemical Company (NPC).

 

Speaking to NIPNA, the official said many European customers have voiced their willingness to buy products from Iran since the implementation of the Joint Comprehensive Plan of Action (JCPOA) in January 2016.

He said Iran is exporting products to its traditional customers especially the ones in southern and southeastern Asia but during the past 6 months, European customers have indicated more willingness to buy petrochemicals from Iran. 

"We have exports to Latin American and African countries," he said, adding all exports are done after the domestic market is supplied with the products. 

Iran has launched several petrochemical projects this year which has boosted its exports. 

After implementation of Iran's nuclear deal with the P5+2 group of countries, also known as the JCPOA, most of the restrictions in the way of exports have been removed and many international companies are making treks to Iran to hunt out investment opportunities in the country, he said. 

The NPC official added that Iran exported 10 million tons of petrochemicals in the past 6 months and expects to raise it in the remaining months of the year.
Email is required
Characters left: 500
Comment is required