PGPIC Signs Petchem Sales Deals with Asian Buyers

Iran's Persian Gulf Petrochemical Industries Company (PGPIC) has signed three contracts for selling polymer products to customers in South Korea, Taiwan and China. 

A senior official with the company, Hossein Rasoulzadeh told NIPNA that his company has signed three sales deals with Asian customers for selling petrochemical and polymer products to them.

Based on the deals PGPIC will sell 100,000 tons of petrochemicals to each of its customers annually.

PGPIC subsidiaries exported 700,000 tons of polymer products in the first half of the current Iranian calendar year which began on March 21.

The exports have fetched the company nearly 700 million dollars in revenues.