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Iran plans to augment its petrochemical export till 2016

After a lifting of western sanction, Iran Petrochemical Commercial Managing Director Mehdi Sharifi Niknafs recently announced that they increase its exports of petrochemical product by 20% to 25% by the end of 2016, as per market source. Sanction will be soon lifted in the wake of the lately signed nuclear deal between Iran and world power led by the US.