Home / Knowledge / News / Textiles / Iran issues new regulations for petrochemical exports
Iran issues new regulations for petrochemical exports
Nov '12
The Government of Iran has issued new regulations for petrochemical exports while lifting a ban on export of petrochemicals from the country, Deputy Oil Minister Abdolhossein Bayat has announced, according to Tehran Times.
Earlier, IRNA had reported that the Iranian Organization for Supporting Consumers and Producers had announced that the Government has banned petrochemical exports from the country to “support national production”.
The export ban was applicable on 50 industrial and agricultural products and included petrochemical products used in the textile industry, such as polypropylene and PET.
During the first six months of the current Iranian calendar year that began on March 20, 2012, the oil-rich country exported around US$ 6 billion worth of petrochemical products, and with the lifting of the temporary ban, the total exports during the year are likely to touch US$ 15 billion.
Iran exported 16.2 million tons of petrochemicals to around 60 countries during last year.
Besides China and the EU nations, which were the main importers of petrochemical products from Iran, countries from Africa, Latin America, Southeast Asia, South Asia and the Middle East also imported Iranian petrochemical products in 2011-12.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th Jul 2017

Q1 2018 revenue at Raymond soars 14%

The consolidated revenue of Raymond Limited for the first quarter of...

Textiles | On 26th Jul 2017

Textile Corp of America to create 1000 jobs in Tennessee

Textile Corporation of America Inc, a leading textile manufacturer,...

Textiles | On 26th Jul 2017

Leather & footwear industry expecting incentive package

India’s leather and footwear industry is anticipating an incentive...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search