Iran Exports 12 Million Dollars of Nanocatalysts in One Year

Figures show that this year alone, with domestic production and reduced imports, nearly $75 million in gasoline imports have been saved. In total, the foreign exchange savings resulting from the supply of these products within the country have so far reached a figure of over $360 million; a figure that reflects the strategic role of nanocatalysts in Iran’s energy economy.

To date, over 45 different types of nanocatalysts have been produced and marketed by 11 domestic companies. These products are now used in the heart of the country’s refineries and petrochemical complexes and have been able to minimize the country’s need for imported catalysts.

Iran Nanotechnology Innovation Council (INIC) announced that 20% of the country's nanotechnology market belongs to nanocatalyts.

“Nanocatalysts have a 20% share of Iran’s nanotechnology market,” the INIC reported.

“At present, 17 nanotechnology companies are active in the two fields of oil and gas and auto-making in Iran which have succeeded in winning one fifth of the country's nanotechnology market,” it added.

The report noted that 65% of nanotechnology companies operate in the oil and gas sector and 35% in the automobile sector, adding that the market volume of catalysts in the oil and gas sector is 65% and in the auto-making sector is 44%.

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