EghtesadOnline: Petrochemicals and gas condensates accounted for over half of the value of Iran’s non-oil exports during the first five months of the current fiscal year (March 21-Aug. 22), data released by the Ministry of Industries, Mining and Trade show.
EghtesadOnline: 2020 was a rough year for economies and petrochemicals including bitumen market. Millions of people died because of a highly contagious virus called Covid-19. Oil, bitumen and other petrochemicals underwent a hectic situation.
EghtesadOnline: Export of petrochemicals increased 5% in the first ten months of this year (March 2019-Feb 2020) compared to the same period last year, a spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union said.
EghtesadOnline: Iran is one of the largest producers of petrochemicals supplying the global downstream industry vital raw material, and it would be difficult to find alternatives for such quality products, a lawmaker said.
EghtesadOnline: Some 50% of Iran’s "non-oil" exports actually consist of petroleum-based products and petrochemicals that either directly or indirectly come from the oil industry.
EghtesadOnline: Iran is in talks with Mitsui & Co. Ltd. and Total SA as part of its push to attract $60 billion in foreign investment to more than double the country’s capacity to produce petrochemicals over the next decade, Bloomberg reported July 21.