Iran Petrochemical Commercial Co (IPCC), the NPC's commercial arm, is mulling over concluding agency
agreements with eligible trading/marketing companies in a bid to expand its marketing activities and
networks. As NPC's new projects are being brought onstream, IPCC is planning to prepare itself to
respond to an inflow of output from the projects. As part of its plans, IPCC has started to strengthen
its existing offices abroad. Presently, IPCC is considering entering into agency agreements for operations
in its target markets in order to maintain its presence in and increase its share of the global petrochemical
markets. Earlier, in an interview with the NPC News Bulletin, IPCC Chairman and Managing Director had said that
once NPC development and expansion projects became operational "we should explore different ways of marketing
and exporting our products" (NPC News Bulletin #6, June 2000).
IPCC has concluded a supply contract with a South Korean company to supply NPC's methanol to China and Korea.
It has also inked an agreement with a Moroccan company for the import of phosphate rock and phosphoric acid
and the export of NPC's ammonia and sulfur. IPCC is currently engaged in final rounds of negotiations with
European companies for LPG supply for the year 2002.