Iran prepares to resume exports of petrochemicals to Europe

30-Dec-14
Iran prepares to resume exports of petrochemical products to Europe which were banned by U.S.-led sanctions in recent years, according to Shana, the Iran oil ministry’s news service. The Middle Eastern country made shipment of a consignment of linear low-density polyethylene (LLDPE) to Belgium in week commencing Dec 22. The transfer, which measures 2,000 tons with a value of over US$2 million, will be made by Iran’s Jam Petrochemical Company.
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