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Iranian Petchem Downstream Products Compete with European Counterparts

Iranian Petchem Downstream Products Compete with European Counterparts
(Wednesday, September 20, 2023) 11:57

TEHRAN (NIPNA) - The CEO of Asia Polymer Medicine Company stated that the products produced by this company are ready to compete with similar products produced by European countries.

Aslan Moghaddam, the CEO of Asia Polymer Medicine Company, which produces polymer products such as packaging containers and hygiene products for mothers and infants, positively assessed the 17th Iran Plast International Exhibition and stated: In addition to domestic demands, we have received new requests for exports to Asian and African countries in this exhibition.

He added: The production of packaging containers, maternal and infant products, and hygiene products is the main production of this knowledge-based unit located in Shahroud city, which has also led to significant job creation in this region.

Moghaddam stated: Soon, we will also become active in the pharmaceutical sector.

The CEO of Asia Polymer Medicine Company continued: This company purchases 80% of its raw materials from domestic petrochemical complexes and through the commodity exchange, and the offering of petrochemical products on credit has allowed downstream petrochemical industries to operate with greater confidence.

He mentioned that all the equipment in the factory has been purchased from reputable European countries and stated: Our products are serious competitors for European counterparts.

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