Iran to open petrochemical warehouses in Turkey and Vietnam

Business Materials 1 October 2011 17:05 (UTC +04:00)

Azerbaijan, Baku, Oct. 1/Trend A. Qurbanova/

The Iranian National Petrochemical Company will open new offices and warehouses in Hanoi and Istanbul aiming at increasing petrochemical exports, Pananews reported.

Iran will open new warehouses and offices in Eastern Asia and Eastern Europe to increase export of petrochemical products.

Iran has opened a new office in Istanbul. A new warehouse for petrochemical products is expected to be opened in near future.

Iran plans to open new warehouses in Vietnam, China and India to boost petrochemical export.

The National Petrochemical Company planned to increase production to 46 million tons.

At present, Iranian petrochemical products are exported to more than 60 countries.

According to the International Monetary Fund (IMF), Iran is the third largest country in the Middle East and Central Asia in terms of exports and imports.