Azerbaijan, Baku, Feb. 11/ Trend F.Milad/
The National Petrochemical Company (NPC) of Iran is currently exporting its products to 60 countries of the world, ranking the first in exporting methanol to Asian countries specifically, Naftnews news agency reported.
For the time being, Iran holds 24.5 percent share and 2.4 percent share in the Middle East's and the world's petrochemical production, respectively, the report added.
The NPC managing director Abdolhossein Bayat said in July 2011 that the value of Iran's petrochemical exports is expected to reach $14 billion by the end of the current Iranian year (March 21, 2012), according to Press TV.
Bayat noted that Iran produced more than 40 million tons of petrochemical goods in the last Iranian calendar year.
Statistics show that the Islamic Republic exports annually some $2 billion worth of petrochemicals to 17 European countries.
The country also exported 18 million tons of petrochemical products worth $11.6 billion last year, showing a 26-percent increase compared to two years ago, he added.