VOL. XLI

No. 17

27-April-1998

IRAN

Iran Petrochemical Exports To Asia Fall Short Of Target During Last Iranian Year

Iran exported $560mn worth of petrochemicals during the last Iranian year 1376 (whichended 20 March 1998), but sales fell short of their target of $650mn due to the financialcrisis in Southeast Asia, according to Mr. Seyed Mehdi Hosseini, managing director ofIran's state-owned Petrochemical Commercial Company. Mr. Hosseini said that althoughrevenues from petrochemical exports rose...