Home / Knowledge / News / Textiles / Producers overwhelmed with mounting petrochemical exports
Producers overwhelmed with mounting petrochemical exports
02
Jun '08
Iran known as one of the leading producers of ethylene in the world saw the total value of its exported petrochemical products reach US $1.26 billion in the first three months of this year ending March 20, 2008.

The aggregate volume of 24 petrochemical products including ethylene and propylene, exported during this period touched 1,554,000 tons.

In the period between March 20 and April 19, Iran's total export volume of petrochemical products was around 751,000 tons valuing approximately $572 million.

Iran Petrochemical Commercial Company (IPCC) earned $14.5 billion from its sales in the period under review, of which $9 billion was fetched from exportation while the remaining was procured by marketing products in the country itself.

In contrast to this, last year, the company earned only $8.3 billion of which nearly $5.5 million were from exports.

This staggering difference in the figures show that export of petrochemical products from Iran is on the rise and that the market demand for the same has doubled considerably fetching high revenue to domestic producers and exporters.

Japan, United Arab Emirates, China, India, South Korea, Italy, Singapore and Taiwan have proved to be some of the most promising potential markets for Iranian petrochemical exports and with the growing demand, especially among the Asian countries, exporters can surely rest assured of a significant profit margin in the years to come.

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search