Iranian factory exporting 110,000 tons of bitumen annually

Business Materials 19 December 2016 19:43 (UTC +04:00)

Tehran, Iran, Dec. 19

By Mehdi Sepahvand – Trend:

Iranian bitumen producer Negin Siyah Azerbaijan Refinery Co. exports about 110,000 tons of bitumen per year, according to factory manager Mohammad Vaez.

“We roughly produce 110,000 tons of bitumen per year, 90 percent of which is exported,” he told Trend.

“Our exports are made largely to Azerbaijan, Turkey, Georgia and Armenia,” he said.

“The market is good. Iranian bitumen is known for its quality since the oil base is high. If there is no major currency rate oscillation things will progress well.”