According to a short article published at the Russian “Polymer Market” website,The Iranian producers of polymers are forced to deliver small volumes to Europe. The news has been reported by “PIM Russian Correspondent“:
The Iranian suppliers of polymers try to export small volumes to Europe, but face problems of direct financing, ICIS with reference to information of sources in the market reports. “We try to deliver volumes to Europe, but banks don’t cooperate”, – suppliers of polymers from Tehran report. After removal of sanctions the Iranian producers seek to export the polymers to the European countries, such as Italy, Spain and England. But the international banks still don’t decide to carry out trade with Iran so payments are made through banks in Dubai, have added sources. The Iranian suppliers don’t expect to sell large volumes of polymers in Europe in the first half of 2016, but hope to increase sales in the region as soon as the international bank procedures work properly.
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News Edited and Wired By:
PIMI Russian News Correspondent
Olga Prudovskaya
Journalist, former Editor-in-chief of Plastics Magazine, Russia
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Release Date 26 April 2016