Inline with such policy, 40 active agents were selected in four provinces in China, who through construction of large warehouse, deliver Iran’s petrochemical products to the Chinese consumers in less than 48 hours. Negotiations are also in the final stage to appoint qualified agents in South Africa. South African markets are among those 30 target markets in which Iran intends to increase its shares and by the end of the current year Iran’s petrochemical products will reach South African markets in the shortest possible time.

IPCC intends to set up 10 distribution networks in 10 populous and economically strong countries mostly situated in Africa.

IPCC intends to set up 10 distribution networks in 10 populous and economically strong countries, most of with are situated in Africa.

Turkey as a neighboring country has a vast market and annually imports more than $1.5 billion worth of petrochemical products. Research on the Turkish market has been completed and permission to establish a representative office in that country has been obtained and the office will be established and opened within the next three months.

Studies are also underway to reach out to Sudan’s market and its neighboring countries later on. In order to have access to European markets, representative offices will be set up in Arnos and Antwerp in Belgium. Studies have also been made to gain access to the U.S. markets.

The total marketable products produced in Iran’s petrochemical plants reached 8.5 million tons last year and it is estimated this figure will increase to 11 million tons in the current year. Last year, Iran exported $950 million worth of petrochemical products to various countries and due to adoption of necessary measures some $250 million will be added to Iran’s export income in the petrochemical sector.