Iran exports $1bn in petrochemicals

Tehran, February 21: Iran’s Bandar Imam Petrochemical Company (BIPC) says it has exported more than USD 1 billion worth of products to 23 countries from March 2010 to January 2011.

“In the first 10 months of the [Iranian calendar] year [March 2010 to January 2011], this unit produced more than 1.811 tons of petrochemical products. The figure shows an 18-percent increase compared to the same period last year,” the BIPC said in a statement on Monday.

The total amount of exports stood at more than USD 1 billion, which is 67 percent higher from last year, News Agency quoted the statement as saying.

Over that period the BIPC exported pentane plus, butane, propane, propylene, pyrolysis petrol, xylene, ethylene, and benzene.

The products were exported to European, Asian, and Middle Eastern countries, including Britain, France, Italy, Japan, China and South Korea.

Founded in 1973, Bandar Imam Petrochemical Company is located in the southern port city of Bandar Imam Khomeini in Khuzestan province.

——-Agencies