Neighboring Countries Offer Reliable Market for Iran Polymer Exports, Industry Expert Says

Neighboring Countries Offer Reliable Market for Iran Polymer Exports, Industry Expert Says
(Saturday, May 17, 2025) 11:15

TEHRAN (NIPNA) – Iranian petrochemical products continue to be exported to neighboring countries including Iraq, Turkey, Azerbaijan, Armenia, Turkmenistan, and Afghanistan, with a growing focus this year on Russia and Pakistan, an industry executive said.

Mehdi Pourghazi, CEO of Niroumand Polymer Pars Engineering and a prominent figure in Iran’s polymer sector, told NIPNA that efforts are underway to add Russia and Pakistan to Iran’s key export destinations, though deals are currently limited to sample dispatches.

Despite Iran’s strong production capacity, Pourghazi said the industry faces persistent challenges—ranging from energy imbalances and financing shortages to erratic economic policy and export barriers.

“The market outlook is deeply tied to political decisions,” he said. “If tensions with the U.S. ease, we could see a drop in currency exchange rates and an inflow of investment and technology, which Iran urgently needs.”

Pourghazi noted that international exhibitions can offer some relief for the domestic industry, provided they are well-organized and focused. “This year’s Expo saw higher foreign attendance—mainly from Pakistan and Afghanistan—but lacked specialization, especially in B2B sessions,” he said. “For instance, scheduled meetings with Russian or Pakistani delegates often failed due to no-shows or unclear participant backgrounds.”

He warned that persistent power outages caused by Iran’s energy supply imbalance are severely undermining production and damaging Iran’s credibility with foreign buyers. “It’s hard to explain to export clients why an energy-rich country faces routine blackouts,” he said.

According to Pourghazi, businesses have already faced weekly blackouts, with warnings of increased outages in the coming months. “The lack of planning is more damaging than the outages themselves,” he added.

Pourghazi also criticized what he called populist policymaking and hollow slogans. “Every year is named after economic goals—‘Production Growth’ last year, ‘Investment for Production’ this year—but these are not backed by actual support or funding,” he said. “There’s no foreign investment, and domestic banks aren’t offering sufficient financing.”

He urged professional associations to go beyond hosting conferences and adopt a more assertive role in advocating for structural reforms. “We need more than awareness—we need accountability and action,” he said.

In closing, Pourghazi emphasized that sustainable economic recovery hinges on international engagement. “Conflict and isolation won’t fix our economy. Dialogue and diplomacy are the only way forward.”

 


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