Export of petchem products up by 37%

Export of petchem products up by 37%...
irna.ir 11/06/2016 Import-Export

Keywords:#Europe, #Export, #Germany, #IRNA, #Iran, #Iranian, #Irna.ir, #Switzerland, #Tehran, #UK

Tehran, June 10, IRNAIran Petrochemical Commercial Co. Managing Director, Mehdi Sharifi Nik Nafas, said on Friday that export of petrochemical products has increased by about 30 to 37 percent in weight in the post-sanctions era.
Nik Nafas told IRNA that the products have not risen in value, however, mainly due to fall in the oil prices and subsequently decline in the price of petrochemical products.
On condition of export of petrochemical conditions and demand for the products in the world markets, he said there is demand for the Iranian products in the world markets but the exports should be in balance with the production.
The official said three representative offices are active in Germany, the UK and Switzerland and number of the sales offices in Europe will increase in the future in proportion to the exports to the destination.
More than 46,400,000 tons of petrochemical products were produced last year, accounting for 80 percent of the nominal production capacity.
Last year, 18,100,000 tons of petrochemical products were exported, showing a growth of 23 percent compared to the figure in the preceding year.
This year, 54,700,000 tons of petrochemical products will be exported.
Iran's petrochemical output will amount to 160 million tons by next nine years from present 61 million tons.
--- ---

Read more from Source »

Related articles based on keyword density
Global “Elders” urge Iran to build on nuclear deal - The Washington Po...
washingtonpost.com 28/01/2014 Politics
TEHRAN, Iran — The former head of the United Nations urged Iran Monday to build on a historic deal reached with world powers in November and work towa...View Details»

Canada officially cuts diplomatic ties with Iran...
fa.wikipedia.org 07/09/2012 History
On September 7, 2012 (during APEC Russia 2012 summit), Canadian Minister of Foreign Affairs John Baird announced that Canada was breaking diplomatic r...View Details»

Tax outweighs oil for 1st time in 50 yrs....
irna.ir 30/09/2015 Economy
Tehran, Sept 29, IRNA – The Iranian government is earning more from tax receipts than oil revenues for the first time in almost half a century, as th...View Details»

Commerzbank settles US charges for Iranian deals ...
dw.de 13/03/2015 Economy
Commerzbank has agreed to pay a hefty sum in a settlement with US regulators over illegal transactions with companies in Iran and Sudan. The dealings ...View Details»

Iran’s volleyball snares historic Olympic berth after 52 years ...
en.mehrnews.com 05/06/2016 Sports
News ID: 3676230 - Sat 4 June 2016 - 16:02 Sports TEHRAN, Jun. 04 (MNA) – Iran national volleyball team beat Poland at the 2016 Olympic men’s volleyb...View Details»