Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei said the unions are aimed at integrating the trade operations of petrochemical producers and exporters in Iran, NIPNA reported.

She said the process will time-consuming given the fact that most of the country's petrochemical companies are private-run and pursue various business goals in their operations.

Shahdaei, who is also deputy petroleum minister for petrochemical affairs, further noted that a methanol export consortium has also been formed in the country in this regard.

Iran has the capacity of supplying 5.5 million tons of methanol annually.