A US company seeks to purchase petrochemical products from Abadan s Petrochemical Co.
The US has conducted some negotiations with his company through its European branch to buy Iranian petrochemical products.
The US company has requested to purchase PVC products.
He said a number of Italian, Spanish, German and Indian companies have already laid down requests to import products from Abadan s Petrochemical Co. which it registered a maximum annual production of 59,800 tons of PVC in 2005.
Iran s petrochemical production is expected to hit 70 million tons in the current Iranian calendar year (started March 20) .
Iran s petrochemical manufacturers were turning to the Europeans for finance, ditching Chinese investors because they were charging high commissions and fees.