Iran products Archives - Iran News Daily

Exclusive exhibit of Iranian products kicks off in Damascus

mahla — Tue, 30 Nov 2021 12:01:53 +0000

TEHRAN (Iran News) – Exclusive exhibit of Iranian products kicks off in Damascus. The second exclusive exhibition of Iranian products was opened in the Syrian capital Damascus in a ceremony on Tuesday, IRNA reported.

The opening ceremony of the exhibition was attended by Iranian Industry, Mining, and Trade Minister Reza Fatemi Amin and Syrian Economy and Foreign Trade Minister Mohammad Samer Al-Khalil.

As reported, the exhibition features 164 Iranian companies active in a variety of fields including medical equipment, medicine, construction, architecture, agriculture, livestock and poultry, oil, gas and petrochemicals, police and security equipment, as well as food, water, and electricity.

The steel industry, informatics, doors and windows, elevators, shop equipment and chain stores, motorcycles, automotive industry, textile industry, home appliances, and banking and insurance are also among the areas represented in the mentioned exhibition.

Speaking on the sidelines of the opening ceremony, Fatemi Amin expressed Iran’s interest in cooperation with Syria for reactivating the country’s economic and industrial potentials and restoring the economy.

He further announced the Islamic Republic’s readiness for joint investment in Syria to meet the domestic market needs and also to export to other countries in the region.

The first exposition of Iran in Syria after the defeat of the U.S.-backed ISIS terrorist group was held from December 25 to 28, 2018.

Over the past few years and since the end of the war in Syria, Tehran and Damascus have been taking major steps for expansion of mutual trade ties, and Syria has become one of the major focal points regarding the Iranian government’s plans for boosting non-oil exports to the region.

The two countries have been pursuing the implementation of a free trade agreement signed between the two sides back in 2010 after years of postponement.

According to Farzad Piltan, the director-general of Iran’s Trade Promotion Organization (TPO)’s Office of Arabian and African Countries, the implementation of this agreement with Syria, which Fatemi Amin is scheduled to pursue during his visit to Syria, means that the two countries’ traders will be exempt from current export and import restrictions and bans in their exchanges.

Considering Syria’s efforts for reconstructing the country’s war-torn infrastructures in recent years, the construction sector has been one of the major areas that Iran has been focusing on for the expansion of ties with the Arab country.

Head of Iran-Syria Joint Chamber of Commerce Keyvan Kashefi has said that currently, commodity items in the fields of housing construction, bridge and dam construction, electricity supply, and technical and engineering services are at the top of the list of exports to this country.

Photo: Iranian industry minister Reza Fatemi Amin cutting the ribbon at the opening ceremony of the Iranian exclusive exhibition in Damascus.

The post Exclusive exhibit of Iranian products kicks off in Damascus appeared first on Iran News Daily.

5m Tons of Iran Products in Iraq in Q1: Official

reporter 1222 — Sat, 18 Jul 2020 06:53:22 +0000

TEHRAN (Iran News) – Iran exported five million tons of products worth $1.45 billion to Iraq during March 20-June 20, said an Iranian trade official.

Speaking to IRNA on Friday, Hamid Hosseini, the director-general of Iran-Iraq Chamber of Commerce, added that in the same period last year, Iran had exported 6.2 million tons of goods to its western neighbor, valued at $2.35 billion.

He noted that the outbreak of the coronavirus in the region, the closure of the common border, and the imposition of restrictions have been the reasons for the drop in the weight and value of the overseas sales to Iraq in the current Iranian calendar year (starting March 20).

Commenting on the numerous problems Iraq is currently faced with and the restrictions it has imposed due to the spread of the virus in the country, he regretted that the Arab state’s lack of hygiene facilities has aroused concerns as it fails to have the infrastructure to manage the present situation.

During May 21-June 20, he said, Iran sent 16,000 trucks, loaded with products, to Iraq which helped generate $970m in revenues, adding under the present circumstances, exports to Iraq have witnessed a 33 percent decline year-on-year.

Hosseini noted that, following China, Iraq is Iran’s second main export destination, saying financial assessments indicate that, in the three-month period to June 20, China’s imports from Iran were only $500,000 more than Iraq’s purchases.

He said that in the same duration, the UAE was Iran’s third main export destination.

Hosseini noted that purchasing Iranian products has a number of advantages for Iraqis; among them are lower prices and easy payment.

He said the short distance between the two countries – the origin and destination of exports – as well as easy access to the Iraqi and Iranian markets for exporters and customers, respectively, have encouraged the Iranian private sector to seek a bigger share of the Arab country’s market, which has already given positive signals to Iranian exporters.

The official said that the Shalamcheh, Mehran and Soomar border crossings are currently open two days per week, allowing entry to 250 trucks, expressing hope that with a decline in the coronavirus spread and the reopening of the remaining border crossings between the two countries, conditions would return to normal, as major markets for Iranian products are located in southern and central Iraq.

On Iran’s foreign currency claims from Iraq, Hosseini said the two countries’ officials have reached an agreement.

The post 5m Tons of Iran Products in Iraq in Q1: Official appeared first on Iran News Daily.

Iranian nano petroleum jelly goes to Middle East

reporter 1222 — Sat, 22 Feb 2020 08:34:55 +0000

TEHRAN (Iran News) – An Iranian cooperative company has managed to produce and export nano-Zinc-oxide-containing petroleum jelly capable of absorbing ultraviolet radiation.

Hamidreza Dastjerd from the Research and Development section of this Iranian company explained that extremely harsh sunlight can cause a lot of damage to the skin, which can be avoided by using petroleum jelly to protect the skin and repair the damaged ones.

“We added nano-scaled zinc oxide to petroleum jelly so that it would protect the skin against ultraviolet radiation,” he said.

According to him, the nano-enhanced petroleum jelly, which is commonly known in Iran as ‘vaseline’, is produced and distributed in the market in capacities of three tons a month.

He noted that this kind of oil-based ointment is currently being exported to African and Arab countries, such as Jordan and the United Arab Emirates.

The post Iranian nano petroleum jelly goes to Middle East appeared first on Iran News Daily.

Oil industry equipment mostly Iranian made

reporter 1222 — Thu, 23 Jan 2020 10:15:52 +0000

TEHRAN (Iran News) – Iranian manufacturers and companies are now supplying 85% of the oil industry equipment, said the chairmen of the board of directors of the Iranian Oil Industry Equipment Manufacturers Association.

Speaking on the sidelines of the 16th Kish International Energy Exhibition, Majid Mohammadpour said that the share of Iranian manufacturers and industrialists in the supply of petroleum products and equipment has reached 85 percent, Shana reported.

He said technical knowhow of producing 65% of overwhelmingly used petroleum industry items has been developed domestically and we have adopted reverse engineering methods to localize another 20% of the items.

“Oil industry equipment manufacturers tap all their capacities and opportunities to tackle the sanctions and supply the goods needed for the country’s oil industry projects and facilities,” he added.

The 16th International Energy Exhibition, Iran’s second most important energy event, is currently underway on Kish Island off the southern coast of Iran in the Persian Gulf.

The exhibition, running through January 23, has gathered experts and those active in the Iranian oil industry with the participation of over 140 Iranian and foreign companies from China, Italy, Japan, the United Kingdom, the Netherlands, the United Arab Emirates, Russia, and South Korea, as well as associations and trade unions in the oil, gas, refining, petrochemical, electricity and energy sectors.

The post Oil industry equipment mostly Iranian made appeared first on Iran News Daily.

Expo Dubai 2020, an opportunity for Iranian products

reporter 1222 — Sat, 11 Jan 2020 13:01:26 +0000

TEHRAN (Iran News) – Expo Dubai 2020, which is going to kick off on October 20, 2020, will be a great opportunity for Iranian companies to showcase their latest products and achievements, Iranian deputy industry, mining, and trade minister said on Friday.

“Increasing exports of products and services, as well as attracting foreign investment for contribution to the Iranian economy should be two important goals to follow in Expo Dubai 2020,” Hossein Modares Khiabani said.

The official noted that Iran will also allocate space for startups and knowledge-based companies to put their products on display at the major international event.

He further called on all the related government and private sector bodies to collaborate closely in order to help the country’s producers prepare themselves to have a significant presence in the mentioned expo.

Expo 2020 is a World Expo to be hosted by Dubai in the United Arab Emirates, opening on October 20, 2020. The Bureau International des Expositions general assembly in Paris awarded Dubai as the host on November 27, 2013.

The World Expo in Dubai will be the first to be held in the MENA & SA (the Middle East and North Africa & South Asia) region. UAE selected the theme “Connecting Minds, Creating the Future”, sub-themes being Sustainability, Mobility, and Opportunity.

The post Expo Dubai 2020, an opportunity for Iranian products appeared first on Iran News Daily.

Iran launches truck manufacturing plant

reporter 1222 — Wed, 01 Jan 2020 13:23:43 +0000

TEHRAN (Iran News) – Iran has launched a truck manufacturing plant that will employ 5,000 people at full production, official news agency IRNA reported on Wednesday.

The first phase of the plant for the production of Chapar (Carrier) trucks came online during a ceremony attended by President Hassan Rouhani in Meshginshahr in northwest Iran.

Iran truck manufacturing plant will produce 50 trucks a day at full production. It is currently operating with 400 workers, but another 800 people will be employed in the first phase which has been built at a cost of $240 million.

“This massive automotive project is predicted to be finalized and launched in the next four years, in which case 5,000 people will be working in the production unit,” Tasnim news agency said.

Chapar is powered by a 354 horsepower diesel engine, with a torque of 1,850 Newton meters. Media reports said the truck has been produced with the help of Germany’s Mercedes-Benz and that many of its parts are identical to original parts.

The post Iran launches truck manufacturing plant appeared first on Iran News Daily.

Iran crude steel output hit 21.5m tons

reporter 1222 — Wed, 27 Nov 2019 08:30:13 +0000

TEHRAN (Iran News) – Iranian steelmakers made 21.52 million tons of crude steel output during the first 10 months of 2019, marking a 6.2-percent increase compared to corresponding figure of 2018, which was 20.26 million tons.

According to figures released by the World Steel Association (WSA) on Tuesday, Iran made it to 2.2 million tons of crude steel output in October, showing a 7.5-percent rise compared to the figure for the same month of 2018, which was 2.04 million tons, reported worldsteel.org.

China topped the list of crude steel producers during the first 10 months of 2019, with an output of 829.21 million tons.

Global steel production in October amounted to 151.62 million tons, showing a 2.7-percent rise compared to the corresponding figure of 2018 which was 155.83 million tons.

Iran ranked 10th among global crude steel producers last year with 25 million tons of production, according to figures released by WSA in January.

The statistics show a 17.72-percent rise for Iran compared to the figure for 2017 which was 21.24 million tons.

Iran was the 14th steelmaker of the world in 2017.

According to the Islamic Republic’s Vision Plan, the country’s total steel production capacity is to hit 55 million tons a year by 2025, with export figures expected to reach 10-15 million tons.

The World Steel Association (WSA) is one of the largest and most dynamic industry associations in the world. WSA members represent approximately 85 percent of the world’s steel producers, including over 150 steel producers with nine of the 10 largest steel companies, national and regional steel industry associations and steel research institutes.

The post Iran crude steel output hit 21.5m tons appeared first on Iran News Daily.