Arvand Petchem Plant Forgoes Exports to Supply Domestic Demand

(Monday, May 11, 2020) 15:41

TEHRAN (NIPNA) -- The CEO of Arvand Petrochemical Plant said: "Despite all the expenses that the company has born for the development of export markets, it is ready to forgo its exports to regulate the domestic market."

According to Arvand Petrochemical Company, Hassan Neshanzadeh said on Sunday that the company sees its life in the existence and activity of customers and exports in such manner that there would be no problem for domestic producers.

He added: “Last year, the company produced 290,000 tons of PVC, of which 80,000 tons were exported and 200,000 tons were sold on the domestic market, and some cargoes are still in stocks, so the company is not seeking market control and pricing at all.”

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National Petrochemical Company