Iranian experts have designed and built a compressor which it badly needed in its burgeoning petrochemical industry but could not import because of US sanctions.

Iran's petrochemical revenues will top a record $20 billion in the current Persian year of 1400 which ends on March 20, 2022, Managing Director of the National Petrochemical Company (NPC) Behzad Mohammadi says.

Iran will finish 11 more petrochemical projects this calendar year to reach 100 Mtpa of output.

Iran, once an importer of benzene, launches exports after reaching self-sufficiency for the product.

Iran launches the massive Parsian Sepehr gas refinery in south with an investment of $1.013 billion.

This edition of Bazaar covers Iran’s polymer industries.

Knowledge-based Iranian companies have clinched deals worth billions of euros at the second specialized forum on supporting domestic production in petrochemical industries.