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Iran finds new customers in Australia and Brazil

Australia and Brazil have become the new customers of Iran's petrochemical industries.

He noted that Iran will soon send containers full of strategic product of hexamine to Australia.

Before the sanctions, part of Iran's petrochemical products was exported to the US and Europe.

In sanctions era, the international and regional rivals could take Iran's place in the global petrochemical market.

The Iranian deputy oil minister also noted that new proposals have been submitted for investment and construction of new petrochemical complexes in some free trade zones permits of which will be issued if eligibility of applicants is approved.

In early November, Shahdaie said Iran's petrochemical production capacity will show 2.5- to three-fold rise in the next few years.