GPCA ’10: Gasoline blending keeps cap on Iran's aromatics exports

07 December 2010 09:39  [Source: ICIS news]

South Pars, AssaluyehDUBAI (ICIS)--Toluene exports from Iran will remain limited for an indefinite period as the country is channelling its output of the aromatics product for domestic gasoline blending, said a regional trader on Tuesday.

“No aromatics is coming out [of Iran],” the trader said, referring to the drying up of toluene exports from Iran since September, when the country started using reformate for gasoline blending following a US-led sanction on importing gasoline.

A 3,000-tonne toluene parcel was expected to be shipped in the second half of December, with the seller heard to be Esfahan Petrochemicals, the trader said on the sidelines of the 5th Gulf Petrochemicals and Chemicals Association (GPCA) forum in Dubai.

The parcel was the first toluene export from Iran since September, he added.

Esfahan was reported to be supplying a major portion of its toluene to domestic oil refineries, he said.

The Iranian producer is a regular exporter of toluene to India.

On the other hand, Iran was still supplying benzene to Pars Petrochemicals’ 600,000 tonne/year styrene monomer (SM) plant in Assaluyeh, as the country was not using any benzene in the gasoline pool, the trader said.

Pars Petrochemicals’ SM unit was restarted at the end of October.

Iran exports small quantities of benzene, but channels the bulk of its domestic supply for captive SM production.

The GPCA forum will run from 7-9 December.

For more on toluene visit ICIS chemical intelligence
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By: Mahua Chakravarty
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