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(Arabian Oiland Gas) -- Iran
has exported its first petrochemical shipment to Egypt as part of a new
agreement with two countries in this field, according to Reza Hamzehlou,
managing director of Iran Petrochemical Commercial Company.
“The final stages of negotiations between Iran and Egypt were going on
for exporting 5 main petrochemical products including polypropylene, urea fertiliser, methanol, polymer
grades and parazyline,” The Mehr News Agency reported.
In addition, talks have started in the ALBA region (Latin America) with
countries such as Venezuela, Ecuador, Bolivia and Brazil for the exporting of
Iranian petrochemical products to these countries.
Iranian petrochemical products represent 25.8% of the Middle East’s total
export and 2.4% of the global output.
It also plans to produce 44 million tonnes of petrochemicals by the end of
the current year.
mrcplast.com
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