Iran Expanding Petchem Exports to Eurasian Market

The head of the National Petrochemical Company said Iran is increasing its petrochemical exports to Eurasian markets.

According to the company, Hassan Abbaszadeh said Monday during a meeting on preparations for the 29th RUPLASTICA exhibition in Russia, that Iran’s petrochemical sector has developed strong cooperation with Russia and other Eurasian countries in recent years, leading to export growth in those markets.

He said Iranian petrochemical companies have introduced themselves and gained a solid foothold in the Russian market by participating in specialized exhibitions there. He added that downstream petrochemical industries, along with other active companies in the sector, can also tap into Eurasian markets given existing demand.

Abbaszadeh said petrochemical holdings and companies participating in RUPLASTICA under the Islamic Republic of Iran’s pavilion will be able to showcase their capabilities to Russian firms and create the conditions needed to further increase exports.

The RUPLASTICA exhibition will be held January 27-30, 2026 in Moscow. - Shana