Iran Seeking to Find New Markets for Petrochemical Products
(FNA)- The National Petrochemical Company (NPC) Managing Director Abdolhossein Bayat announced that Iran is seeking to find new markets for its petrochemical products.
Bayat said that the NPC has focused its efforts on finding new markets for Iranian petrochemical products over the past two years and new markets have been found.
He said new markets are chosen according to the buyer behavior and price of petrochemical products.
"Iran currently has no problem exporting petrochemical products," Bayat added, stressing that exports to European countries have not fallen.
He had earlier announced that Production and exports of petrochemical products will increase during the current Iranian calendar year (March 2012-March 2013).
Bayat said in April that the NPC endeavors to realize its planned targets for this year, including boosting production.
Citing to the Supreme Leader of the Islamic Revolution's remarks on boosting growth and development in the oil industry, the official noted that completion of developmental plans and unfinished projects, focusing on boosting production along the development of downstream industries are among the main objectives of the sector in current year.