Iran’s petchem industry needs $40bn for significant growth
Deputy Minister of Oil for Petrochemical Affairs Behzad Mohammadi said that Iran’s petrochemical industry needs $40 billion for materializing most of its objectives in relevant fields.
Iran, Turkey investigating trade via national currencies: CBI gov.
Governor of the Central Bank of Iran (CBI) said on Monday that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara, the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.
IRENEX to hold 15th round of offering light crude oil on Tuesday
National Iranian Oil Company (NIOC) will offer two million barrels of light crude oil at the international ring of Iran Energy Exchange (IRENEX) on Tuesday, IRNA reported.
Iran’s leading petchem plant improves ICIS ranking despite sanctions
The ICIS has ranked Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) 35th in ICIS Top 100 Chemical Companies for 2019.
Iran oil industry developing despite sanctions: official
A senior Iranian oil official said that the industry is developing in the country despite the US’ economic sanctions.
Monthly steel exports up 37% yr/yr
Crude steel exports by Iran’s major steel producers during the fifth Iranian calendar month of Mordad (July 23-August 22) rose 37 percent compared to the same month in the previous year, IRIB reported citing the data released by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO).
Iran ranks 27th among world’s biggest economies: WB
Having a 0.53 percent share of the global economy, Iran holds the 27th place in the list of world’s top economies, according to the World Bank (WB).
220K tons of pistachios to be harvested in Iran
Head of Department of Agriculture Ministry announced that 220,000 tons of pistachios to be harvested in Iran this year.
Seoul to Drop Tokyo from Whitelist This Week
South Korea is moving to strip Japan from its list of trusted trading partners as early as this week, but it is still open to having last-minute negotiations with Tokyo, the trade ministry said Sunday.
Iran to attend at 46th Baghdad International Fair
Iranian firms are set to take part at the 46th International trade exhibition which will be held in Iraqi capital Baghdad early November.