Economic news in brief (May 7)
TEHRAN – Subscribers to the Malaysian mobile phone operator Celcom can use the company’s services within the Iranian territory as of Monday May 8.
The services are provided by the Mobile Communications Company of Iran (MCCI), so Iranians traveling to Malaysian cities can also connect home. This is the second company to be added to Iran’s international roaming list since the beginning of the current Iranian year following Honk Kong’s SmarTone-Vodafone. The list now includes more than 80 operators from almost 50 countries.
Iran to hold third solo exhibition in Minsk
TEHRAN – The third exclusive fair of Iranian industries in Belarus will kick off on June 21 in the capital city Minsk.
The agreement for holding the exhibition was reached recently in a meeting between the Belarusian minister of industry Anatoly Rusetsky and the Iranian commerce minister Masud Mirkazemi. In order to promote commercial enterprise, the government will give 30 percent of the cost of participating in the exhibition as subsidies to some of the Iranian companies that register for the ten-day event.
BIPC to supply downstream industries with styrene monomer
TEHRAN – The Bandar Imam Petrochemical Complex (BIPC) is being equipped with styrene reservoirs in order to store 40,000 tons of styrene monomer it imports every year.
When installed, the reservoirs can supply styrene monomer to the downstream industries as well as to the BIPC subsidiaries. Styrene monomer is used to make a variety of styrene plastics, from expandable foam to higher end engineering plastics. End uses of styrene include disposable food service products, cabinets for electronics, CD holders, paper coatings, boat hulls, and interior automotive components. In the construction industry it is used to produce pipe products, tanks, lighting fixtures, insulation, and various corrosion resistant and rubber products.
Sistan-Baluchestan to expand trade with Pakistan
ZAHEDAN, Sistan-Baluchestan Prov. – Meeting with a trade delegation from Pakistan’s Baluchistan, the governor-general of this southeastern Iranian province said they would try their best to remove mutual trade barriers. Development of customs cooperation would help easier and safer exchange of goods, added Dehmardeh, implying “This will be the best way for preventing illegal trade and smuggling.”
Mazandaran Regional Water Co. shows off development plans
SARI, Mazandaran Prov. – In the last Iranian year (ended March 20), some 7000 visitors inspected development plans that are being implemented or sponsored by the Mazandaran Regional Water Company.
These included students, university teachers, and officials from governmental organizations. They inspected river morphology and hydrology projects and hydrometry stations.