Iran considers Austrian petrochemical hub to target Eastern Europe


Iran petrochemical complexAustrian petrochemical hub: Iran’s Petrochemical Commercial Company (PCC) is thinking of building a petrochemical hub in Austria to give it better access to markets in Eastern Europe, its Managing Director Mehdi Sharifi Niknafs said this week. The PCC had signed an MoU with an Austrian company to establish such a hub aimed at growing its business in the Czech Republic, Bulgaria, Slovakia and other countries in the region, he announced at the Iran Plast Exhibition in Tehran. He also confirmed that talks were under way with Pakistan with a view to boosting cooperation in the near future.