In order to regulate the market

Terephthalic Acid Required By Downstream Industries Supplied on IME

Terephthalic Acid Required By Downstream Industries Supplied on IME
(Monday, August 2, 2021) 13:04

TEHRAN (NIPNA) -- In order to regulate the market, the terephthalic acid required by industrial units was supplied through imports and offered on the Iran mercantile exchange (IME).

The Petrochemical Downstream Industries Development Bureau announced that in order to meet the market needs and based on the permit issued by the Petrochemical Committee of the Market Regulation Headquarters, terephthalic acid was imported by a private company and was supplied on IME.

This measure has been taken in order to support production as well as domestic complementary industries, which, while having being received well by the consumers, also met the needs of the market through imports.

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