58390
 Iran Sends Petrochemical Cargoes to Peru, Uruguay
 Iran Sends Petrochemical Cargoes to Peru, Uruguay

Iran Sends Petrochemical Cargoes to Peru, Uruguay

Iran Sends Petrochemical Cargoes to Peru, Uruguay

Karoun Petrochemical Company (KRNPC) is expanding exports to South America by sending cargo to Peru and Uruguay, the company's commercial manager said.
“Under the sanctions regime, Iran’s petrochemical export was limited to the Middle East, such as Turkey and the UAE. Nonetheless, some South American states have now joined the customers' list including European countries like Sweden, Albania, Russia and Greece,” Kazem Bastakian was quoted as saying by Mehr News Agency on Saturday.
Noting that one of KRNPC’s main products is toluene diisocyanate (TDI), a compound widely used in manufacturing glue and packaging industry, Bastakian said that the company started production of the organic compound five years ago.
Asked whether exporting such goods to far-flung destinations such Peru and Uruguay is economically viable, the official said the costs and risk involved in shipping the goods to South America is the responsibility of buyers and not his company. 
On exporting isocyanates products namely toluene diisocyanate and methylenediphenyl diisocyanate (MDI), Bastakian noted that such commodities are usually sold in barrels, yet the method of delivery depends on the customer and if the products are sent in tankers, the buyer will be entitled to a discount because eliminating barrels also reduces the cost.
According to the official, KRNPC exported 7,000 tons of isocyanates in the first nine months of the 2016-17 fiscal. 
The company uses chlorine, carbon monoxide, hydrogen, toluene and nitric acid as raw material to produce basic petrochemicals and final products with higher value added.

Short URL : https://goo.gl/XEeSDu
  1. https://goo.gl/ug7ni6
  • https://goo.gl/wkcC7B
  • https://goo.gl/7dEDkW
  • https://goo.gl/HGjDCu
  • https://goo.gl/IrF4pN

You can also read ...

All SP Gas Field Phases to Be in Full Swing by March 2019
The South Pars mega project has registered a work-in-progress...
Rosneft to Operate Main Iraqi Kurdish Oil Pipeline
Russia’s biggest oil company, Rosneft, has agreed to take...
South Pars Crude Output at 19,000 bpd in Six Months
Iran produced an average of 19,000 barrels per day of crude...
Oil Prices Set for Weekly Loss
Oil prices fell on Friday and were set for a weekly loss as...
Amazon, Google Battle for Renewables Crown
Clean-energy developers are finding plenty of interest in wind...
OPEC Seeks Supply Consensus Before November Summit
Oil producers are working to build consensus on extending...

Add new comment

Read our comment policy before posting your viewpoints

Image CAPTCHA
Enter the characters shown in the image.

Trending

Googleplus