News ID: 254440
Published: 0317 GMT June 17, 2019

Iran’s nano-products exports booming

Iran’s nano-products exports booming

An Iranian company exported as many as 70 tons of nano-towels in 2018 to neighboring countries, including Georgia, Iraq, and Azerbaijan.

Banian Azar Novin Ideal Co. is one of the most successful nano-textile producers in Iran. This company exported 70 tons of nano-enhanced towels to various neighboring countries in 2018, valued at $600,000, according to Iran Nanotechnology Innovation Council (INIC), Fars News Agency reported.

Nano-towels are frequently used in Iran’s hospitals. The reasonable price besides durability and the fact that the towels need less washing compared to conventional towels make the Alaleh Azar products very valuable. The company is planning to develop its export targets.

Last month, the head of Iran’s Nanotechnology Initiative Council (INIC), Saeed Sarkar announced that some 250 nanotechnology products developed by Iranian researchers and scientists will hit the domestic market in the current Iranian year (to end March 20, 2020).

According to him, Iran’s expertise on nanotechnology pertains to 15 industrial sectors.

Iranian nanotechnology products have been exported to over 45 countries, he said, e.g., South Korea, Australia, China, Indonesia, Russia, Turkey, Malaysia, Canada, as well countries in Europe, Latin America, and Africa.

Last year, Iran’s revenues from nano exports stood at $62 million, the INIC head said, adding that the council has plans to increase the value of its exports this year.


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