Official: Iran Petchem Exports to Leap Next Year

TEHRAN (FNA)- Director of Production Control in Iran’s National Petrochemical Company (NPC) said that petrochemical products are being exported based on the plans expressing the hope that the company will experience a leap in its exports.

"The trend of petrochemical exports is satisfactory and by launching of new petrochemical plants, Iran will diversify its export destinations,” said Ali-Mohammad Bossaq-Zadeh.
"An increasing number of countries in addition to permanent customers of our petrochemical products want to buy these items from Iran,” he added.
He also expressed hope that by the end of the Sixth Five-Year Development Plan (2016-2021), Iran will turn to a major petrochemical power in the region and world.
"The petrochemical complexes have to increase the quality of their products …to meet the domestic needs and expand their presence in the international markets,” the NPC official said.
Considering the high quality of Iran’s products, Bossaq-Zadehn said, imported petrochemical products can be produced in Iran in near future as planned.
Last December, he told Shana that NPC is ready to cooperate with foreign investors in order to develop the petrochemical industry.
He said Iran’s coastal lines including the Oman Sea basin are of the interest of foreign investors to develop petrochemical projects. "A major European firm is ready to invest 8 billion euros in a petrochemical chain,” he added but did not identify the company.