More than 70 domestic and foreign companies and their representatives are attending the Iran Petrochemical Forum (IPF) in Tehran, which is held under the motto of "clean technology".

Iran exported a total of 7.74 million mt of petrochemical products worth $3.39 bn in the June quarter.

An Iranian company signs a contract to carry out repair works on an ammonia plant in Venezuela.

Iran’s production of petrochemicals will reach 80 million mt by March 2024.

Trade between Iran and Brazil is robust despite US sanctions on the Islamic Republic, but prospects for better economic relations are rising as President Luiz Inacio Lula da Silva is seeking to reset the South American country’s relationships with allies.

Iran’s mining and mineral industry companies exported $12.2 billion worth of products in the last Persian year which ended on March 20, government data show.

Iran has received an offer for $2.5 billion of investment in its petrochemical sector from a foreign country, Chief Executive of the National Petrochemical Company (NPC) Morteza Shahmirzaei says.