Tag Archives: L/LLDPE

The US Eyes Tougher Sanctions on Countries Importing Iranian Petrochemicals

While US sanctions currently target specific companies that facilitate exports of Iranian oil, Washington is weighing a broader move: sanctions on countries that import Iranian petrochemicals. This potential escalation could impact ethylene glycol, methanol, polyethylene, and liquefied butane and propane gases, among others, with wide-ranging implications for global trade flows. Iranian export statistics show China as the largest destination for these products. Volumes do not, however, correlate with China’s import statistics.

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Focus on: Iran’s Polymer and Chemical Exports in the First Half of 2015

Iran’s exports of several large volume polymers and chemicals were up sharply in the first half of 2015 versus the prior year.  These products were shipped primarily to just three markets, China, India and Turkey, a situation which will change should sanctions be lifted. Continue reading