19th Iran Plast

Iran Exhibits Petchem Capabilities Under Sanctions

Iran Exhibits Petchem Capabilities Under Sanctions
(Wednesday, October 29, 2025) 10:41

TEHRAN (NIPNA) – The 19th edition of “Iran Plast” international exhibition opened 8 September 2025, with the participation of domestic and foreign companies, business delegations, and a number of deputy petroleum ministers. Despite international sanctions in effect against Iran, the Tehran International Permanent Fairgrounds, hosted the event, which is one of the most important in the plastics and petrochemical industry in the Middle East. “Iran Plast” has won recognition as the most prestigious

Hassan Abbaszadeh, the CEO of National Petrochemical Co. (NPC), said: “There were those who proposed even the exhibition to be put off or cancelled, but we were determined to go ahead with this key event”. Based on such vision, “Iran Plast” hosted petrochemical actors, presenting a strategic opportunity for interaction between domestic and foreign companies, exchange of technical savvy and attracting investment in the polymer and plastic sector.

Among the officials present in the inauguration were deputy ministers, MPs, Iran’s ambassador to Russia, public and private sector managers, and foreign businesspersons among others.

In this edition, the exhibition hosted more than 700 domestic companies and 67 foreign companies, as well as 200 individuals in the form of business delegations from 18 countries: Russia, China, Turkey, Republic of Azerbaijan, Libya, South Africa, Iraq, Afghanistan, Qatar, the United Arab Emirates, Georgia, Armenia, Pakistan, Ghana, Oman, Tunisia, and Tajikistan.

 

Polymer Output to Hit 16mt

 Abbaszadeh said “Iran Plast” was a key event in the polymer market, showing the growth and capacity of the petrochemical industry, as well as introducing its achievements in terms of modern technology and market development. Referring to the important status of polymers, he said: “In the current calendar year, 1 mt would be added to the 9 mt capacity of polymer output. By the end of the 7th Five-Year Economic Development Plan, the production capacity of polymers would reach 16 mt /y.”

Abbaszadeh said the chemicals’ average price stands at $300-600 per tonne in Iran’s petrochemical mix. Polymers are valuated at more than $1,000 per tonne. Maintaining the chain of polymers would generate high value for the country.

He also announced that new investment packages would be presented, adding: “Currently, we are importing about $2 billion worth of petrochemicals which we can produce in the country. They have been defined in the from of 21 investment packages so that after launching new projects, we would no longer be hooked on imports and our value-added would be preserved.”

Abbaszadeh also said petrochemical products worth IRR 3200 trillion were offered on the stock market, reiterating the necessity of focusing on engineering products and expanding recycling infrastructure. 

 

Opportunity for SMEs

 More than 20 years ago, NPC initiated “Iran Plast” with a view to bolstering the domestic plastics industry market, supporting and facilitating global marketing efforts, and facilitating entry into international markets. The first four editions of the exhibition were organized with the participation of experienced and skilled exhibition consultants. However, following certain structural changes, the organization of this globally recognized exhibition was handed over to the Public Relations Department of NPC, which has since been responsible for managing the event.

 “Iran Plast” was first held in December 2002 when the exhibition hosted 71 foreign companies from 18 countries and 223 domestic companies. Today; however, “Iran Plast” is being held with the participation of more than 700 domestic companies and 67 foreign companies, of which 49 are directly from China and India, and 18 are representatives of companies from China, India, South Korea, Taiwan, Germany, Austria, Italy, and Turkey.

Addressing the inauguration, Mohammad Moqareh, director of “Iran Plast”, said: “This year, the actual area of the indoor halls was 34,000 square meters, and the outdoor area was about 3,000 square meters, accommodating more than 700 Iranian companies in total. In the international section, about 1,250 square meters was allocated to foreign companies, with Chinese companies still holding the largest portion among foreign participants.”

He said that a significant portion of the exhibitors at this event were small and medium-sized enterprises (SMEs), and the exhibition provided an excellent opportunity for them to enter international markets. Most of the buyers of Iranian products also came from neighboring countries—especially Iraq, Afghanistan, and Turkmenistan—which had a strong presence in this edition.

 

Iran-Russia Strategic Ties

 Other keynote speakers at the inauguration ceremony were Iran’s Ambassador to Russia Kazem Jalali, the CEO of Persian Gulf Petrochemical Industries Co. (PGPIC) Mohammad Shariatmadari, and Ahmad Mahdavi Abhari, the secretary general of the Association of Petrochemical Industry Employers.

Jalali said exhibitions provide nations with a good chance to explore their capacities reciprocally, particularly between Iran and Russia, adding: “The relations between the two nations are strategic and aim to broaden cooperation based on strategic pacts signed between them.”

Another opportunity lying ahead, he said, is the Free Trade Agreement signed with the Eurasian Economic Union (EEU).

“Currently, the volume of trade between Iran and Russia does not match the capacities of the two countries. The public sector is responsible for policymaking, but it is the private sector that must actively step in. Domestic barriers must also be removed with strong determination,” he said.

 

Mirroring Achievements

 Shariatmadari said “Iran Plast” represented an opportunity for exchange of experience and presentation of innovative capacities, adding: “This event reflects achievements and aspirations of the plastics industry and provides an opportunity to take a more comprehensive look at the future of this vital industry. Scientific research and foresight are essential for the petrochemical industry.”

At each hall, the exhibitors showcased their equipment, technologies, and products. Some were engaged in negotiations with visitors from domestic and foreign companies, while others were photographing the displayed items — ranging from heavy machinery and prefabricated products to masterbatch packages, granules, and polymer compounds. Some companies also unveiled their latest scientific, research, and experimental achievements on large screens. Everything on display reflected the full scope of their scientific capabilities and technical expertise.

 

Iran-Africa Cooperation

 On the sidelines of the event, meetings were held between Iranian and foreign officials and businesspersons. Abbaszadeh and Ivorian Ambassador to Tehran Ouattara Tamakolo explored cooperation between Iran and Ivory Coast in the oil and petrochemical sectors. The Ivorian diplomat said his country was firmly willing to benefit from Iran’s oil and petrochemical expertise.

 

International Links

 In every corner of the exhibition, groups of foreign guests could be seen negotiating with others through interpreters. This interaction was also clearly visible inside the halls; above each booth, there were signs indicating various foreign countries whose companies had brought their products to present to the Iranian market, or were engaged in discussions and negotiations alongside Iranian professionals from the plastics and polymer industry.

Majid Boujarzade, director of public relations of Ministry of Petroleum, said: “This year, despite the political and economic conditions resulting from the 12-Day War, the exhibition has been held in a dynamic atmosphere with activity in full swing and with remarkable enthusiasm from industry participants.”

“The strong presence of the community involved in the petrochemical and polymer industries shows that “Iran Plast” holds an important position in showcasing domestic capabilities and strengthening this industry’s connections with both domestic and international markets. By presenting local strengths alongside the participation of foreign companies, this event demonstrated that exhibitions can serve as driving forces to boost production and expand export markets,” he added.

Boujarzadeh said a key point distinguishing “Iran Plast” from similar events pertained to its diversity and extent of audiences.

“Moreover, the presence of around 300 foreign groups from various countries, especially Iran’s neighbors and trade partners, reflects successful planning in the international sector and paves the way for signing new memorandums of understanding and contracts. Local companies, through their perseverance and efforts in production and export, have shown that they are capable of maintaining their position even under difficult circumstances,” he said.

 

Local Firms

 Boujarzadeh said domestic equipment manufacturers displayed remarkable capabilities at the exhibition, equipment that not only rivals foreign counterparts in quality, but is also offered at prices that are more competitive. He stated that it is a matter of pride to witness the significant advancement of Iranian companies in producing equipment needed for the petrochemical industry. Furthermore, the strong presence of downstream companies and participants from the entire polymer industry chain demonstrated that this exhibition is specifically interesting to professionals across all segments of the sector.

In endorsement of Boujarzadeh’s remarks regarding domestic capabilities, the unveiling of the Petrochemical Products Technical Features System on the third day of the event is a case in point.

 

Tough Economic Conditions

 “Iran Plast” was held not long after the recent 12-Day War. MP Morteza Mahmoudi, who is also a member of Production Support Ad Hoc Committee, said manufacturers are in attendance even under toughest economic conditions.

On the sidelines of the event, he said: “This exhibition is being so dynamically while many imagined it would not be held.”

Ali Rabbani, director of energy efficiency at NPC, described “Iran Plast” as a platform that enables Iranian traders and manufacturers to establish closer connections with upstream raw material suppliers. He added that “Iran Plast” was the link connecting petrochemical companies with downstream industries.

 

Exports to Eurasia Up 3.5%

 On the second day of the exhibition, the Association of Masterbatch and Polymeric Compounds Producers hosted another specialized panel entitled “Examining the Impact of the Iran-EAEU Free Trade Agreement on the Plastics Industry.” In this session, Mir-Hadi Seidi, advisor to the director of Iran’s Trade Promotion Organization (TPO), said that Iran’s exports to the Eurasian region had grown 3.5%.

 

Iran, Turkey Eye $30bn Trade

 In another session on the second day of “Iran Plast”, the topic of “Exploring Barriers to Exporting Compound and Masterbatch Products to Turkey” was discussed. In this session, Abdol Amir Rabi-Havi, director general of the West Asia Office at TPO, announced that consultations and planning are underway to achieve a targeted $30 billion trade cooperation between Iran and Turkey over the next five years.

Among  the other panels held on the sidelines of the 19th “Iran Plast” were some specialized sessions such as “Completing the Value Chain through the Development of BOPP Polyethylene Film Additives”, “Quality Validation Guidelines for Export Products: An Optimal Approach to International Markets”, “Validating Investment Opportunities Using the New FEL Tool”, “The Role of Packaging in Exporting Petrochemical End Products”, “The Future of Molding: New Processes and Emerging Trends” and “The Critical Role of Plastic Films in the Additives Process from Polyethylene.

In addition, during the four days of the exhibition, several training courses were also held, including on “Challenges and Advantages of Polymer Exports: From Production to Delivery”, “Challenges and Opportunities of Tax Credit with the Development of Innovative Polymers” and “Examining Polymer Microstructure Through to Final Production.”

 

B2B Meetings

 Alongside these specialized panels and training courses, B2B meetings were also held simultaneously in other halls. In fact, the targeted participation of foreign traders, addressing downstream challenges, and showcasing innovative products from science-based companies were among the most significant achievements of this edition of the exhibition.

This was also highlighted by Ebrahim Sheikh, a Deputy Minister of Industry, Mine, and Trade. He said: “The enthusiastic participation of specialists, engineers, and visitors showed that this exhibition remains one of the most important events for showcasing the domestic capabilities and potential of the petrochemical industry.”

On the second day of “Iran Plast”, two B2B meetings were held between petrochemical industry producers and foreign trade delegations.

 

Iraq, KRG Delegates

 In the first B2B meeting, a 34-member delegation of exporters, importers, traders, and investors from the Kurdistan Regional Government (KRG) Iraq were present. The KRG has always considered itself a friend and partner of Iran, and throughout the sanctions period, trade cooperation between this region and Iran has never stopped. The export/import delegation, as well as traders and businessmen from the KRG, are striving to continue and expand this cooperation.

The second B2B meeting was with a trade delegation from Iraq, composed of the president and members of the Chamber of Commerce, as well as Iraqi traders, merchants, and business owners, which took place on September 9, the second day of “Iran Plast”.

Ali Alazzam-Hosseini, Chairperson of the Iraqi Chamber of Commerce, said: “This year marked the ninth year in a row that our delegation is attending “Iran Plast”. What stood out to them was the strong and extensive presence of Iranian companies, the booth arrangements, the specialized categorization of producers, the presentation of innovative products and technologies, and the offering of new, diverse equipment and tools, as well as heavy and important machinery.”

 

Challenges Overcome

 On the third day of the exhibition, four B2B meetings were held between Iranian manufacturers and business delegates from Afghanistan, Azerbaijan, Tajikistan, and Pakistan.

A group of Afghan traders, business owners, and manufacturers had come to learn about the latest Iranian technical achievements and equipment during their visit to “Iran Plast” and to sign contracts for purchasing their desired products. The Afghan delegation highlighted the variety of products on display, which allowed them to select their desired items in more detail. One Afghan trader stated: “Machinery and equipment, various types of plastics, polymer compounds, and granules are among the most important raw materials needed in Afghanistan. For this reason, we usually attend exhibitions related to the petrochemical industry to get familiar with the range and quality of products, and then place our purchase orders.”

The Pakistani trade delegation also emphasized the need to find solutions for removing obstacles to trade between Iran and Pakistan. They believe that the sanctions imposed on Iran have had little impact on the trade relations between the two countries. One Pakistani trader attending the meeting said: “I can even say that our country is very eager to trade with Iran. Although today the conditions for this economic and trade cooperation have become more difficult, we can find solutions and ways to make it work.”

 

Tajiks Interested in Iran Petchem

 The meeting between the Tajik trade delegation and Iranian manufacturers was held with the aim of gaining a better understanding of cooperation methods and the export of Iranian products.

What particularly caught the attention of the Tajik trade delegation at the exhibition was Iran’s capabilities and the quality of its products and raw materials. A member of this delegation described Iran’s petrochemical industry as highly capable and up-to-date, noting that it has been very successful on a global level.

Referring to the wide spectrum of Iranian products in this industry, he said: “Overall, the diversity and quality of Iranian export goods to Tajikistan reflect the high commercial and economic potential of both countries, which can contribute to further developing trade and economic relations between Iran and Tajikistan.”

 

Iran-Azerbaijan Ties

 An Azeri trade delegation was also among the participants in the B2B meetings held on the sidelines of “Iran Plast”.

In the meeting, given the importance and extent of the shared borders between Iran and the Republic of Azerbaijan within the North-South Corridor and its significance for regional trade expansion, it was emphasized that any potential obstacles to cooperation between the two countries must be resolved while necessary measures should be taken to develop transportation relations between them.

An Azeri delegate said: “Since the early years of Azerbaijan’s independence, economic and trade relations between the two countries have been established, and Iran has been one of Azerbaijan’s most important trade partners. Although the relationship has at times weakened over the years, we cannot ignore its importance and necessity. Therefore, we must make every effort to expand the economic, trade, and cultural relations between our two countries day by day.”

These meetings were held with the goal of enhancing economic interactions and developing trade relations between companies involved in plastics, raw materials, and machinery in Iran and other countries.

 

Willingness for Broader Cooperation

 In addition to B2B meetings, negotiations were held between Iranian managers and manufacturers and foreign exhibitors from Azerbaijan, Georgia, Turkey, Afghanistan, Pakistan, Tajikistan, the Kurdistan Region of Iraq, Iraq, Russia, South Africa, Lebanon, Ivory Coast, Oman, Armenia, and Tunisia.

What was mainly heard in the remarks of all the foreign participants was their satisfaction with the capabilities and diversity of Iran’s petrochemical products, as well as their willingness to expand economic and trade cooperation.

 

Iran Plast, Petchem Driver

 In every booth and hall, visitors were engaged in negotiations and tours. Domestic equipment manufacturers also showcased remarkable capabilities that not only rival foreign products but, due to their competitive pricing, are attracting many users toward Iranian goods. This was clearly reflected in the satisfaction expressed by participants and foreign trade delegations.

This point was also echoed in Abbaszadeh’s remarks on the final day of the exhibition. Describing “Iran Plast” as a turning point for expanding trade cooperation with neighboring countries, he stated “The purposeful presence of foreign traders, addressing downstream challenges, and offering innovative products by knowledge-based companies are among the most significant achievements of this exhibition. One of the defining features of the 19th “Iran Plast” Exhibition has been the purposeful participation of experts and professionals from related fields, which has laid the groundwork for effective commercial relations in the petrochemical industry. This reflects the importance and standing of this event for industry actors.”

Giving an account of his own visit to the event, he said: “At the science-based company booths, a wide range of innovative products was showcased, many of which had been produced for the first time. Compared to previous rounds, the quality of downstream industry products has improved, and many of these companies have succeeded in meeting export standards. Conversations with most booth representatives revealed that a significant portion of their products is exported to foreign markets — a clear indicator of progress and the enhancement of industry standards.”

Although the structure and organization of this exhibition followed the format of previous years, the edition stood out with a significant distinguishing feature — the very decision to hold it despite the unpredictable circumstances that emerged for Iran after the Zionist Regime attack.

At the time when planning for the exhibition was supposed to begin, in the tense days following the conflict, many believed it was impossible to organize such an event, considering the situation unsuitable and even calling for its cancellation. However, the officials of the petrochemical industry, along with its stakeholders and participants, decided not to back down despite all the difficulties and to move forward with holding the 19th “Iran Plast”.

The reputation and vast market of Iran’s petrochemical industry were strong enough that foreign participants were neither deterred by sanctions nor by the threat of conflict, and they visited Iran with the same determination as before. The strong presence of domestic manufacturers and the strong willingness on the part of foreign participants and trade delegations indicated that Iran’s petrochemical industry may serve as a beacon of growth and development, even under the most challenging circumstances.

Courtesy of Iran Petroleum

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