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Iran exports petrochemicals worth $218 million over a month

Iran Materials 29 April 2012 15:19 (UTC +04:00)

Azerbaijan, Baku, Apr. 29/ Trend F.Milad/

Iran exported 187,400 tons of petrochemicals, worth $218 million, in the first calendar month of Farvardin (ended on April 19), the Shana News Agency reported.

Iran exported some $14 billion worth of petrochemical products to 60 countries last calendar year, which ended on March 19, the National Petrochemical Company's (NPC) managing director said on April 18.

Abdolhossein Bayat added that $10.5 billion of oil income will be allocated to the development of national petrochemical industries, the Pana News Agency reported.

Iran has developed 69 plans to boost its petrochemical output from 54 million tons in 2012 to 100 million tons in 2015.

West Europe and China are the main recipients of Iran's petrochemical exports, followed by Southeast Asia, the Middle East, the Subcontinent, Africa and Latin America.

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