Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
web
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • International Elastomer Show
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Executive Action
    • Government/Legal
    • ITEC
    • Opinion
    • Technical Notebooks
    • HEXPOL Sponsored Content
    • Starting young: Rubber Division targets high schools to fill talent gap
      ChemSpec enjoying busy 2019 with new agreements, division
      view gallery
      18 photos
      Rubber Division honors leaders, students at Business and Awards Meeting
      view gallery
      9 photos
      Rubber Division wraps up 2019 International Elastomer Conference
    • Goodyear to supply intelligent tires to fleets in Europe
      Denso exec keeps AV sights set on Level 2
      Wacky World of Rubber: Floating ideas for the future of mobility
      GM cutting 800 jobs to retool Detroit plant for EVs
    • Goodyear to supply intelligent tires to fleets in Europe
      Roderic Quirk named National Academy of Inventors Fellow
      USTMA aims to raise scrap tire recovery rate
      Yokohama adds winter fitment to grader tire line
    • Denso exec keeps AV sights set on Level 2
      Roderic Quirk named National Academy of Inventors Fellow
      view gallery
      6 photos
      ContiTech belt unit running smoothly after Veyance integration
      Trelleborg launches major restructuring plan
    • DRI makes deal, invests for future growth
      New Products: Lanxess introduces vulcanization accelerator
      Emergency crews battle to contain Port Neches butadiene blaze
      Starting young: Rubber Division targets high schools to fill talent gap
    • Kent Elastomer promotes two
      3D specialist Carbon hires former DuPont CEO Kullman as new leader
      Struktol names Mark Skakun new president
      Ace Products & Consulting adds to team, prepares for next phase
    • USTMA aims to raise scrap tire recovery rate
      Aeolus, Onyx discussing truck, bus tire joint venture in Sri Lanka
      ETRMA praises EU's tire labeling regulation efforts
      Industry mounts USMCA push to shore up flagging manufacturing sector
    • Goodyear finds traction with soybean oil
      Cassioli expands with sales office in Alabama
      Rodolfo Comerio looks forward as it celebrates past
      Editorial: Innovation often follows its own path, timetable
    • Column: Lessons from Best Places to Work
      Editorial: Cooper Standard a sign of changing automotive times
      Editorial: Hose industry makes big strides in safety focus
      Column: Meeting new faces at Rubber Expo
    • EPDM solution for automotive dense weatherstrip
      High heat resistant EPDMs for auto hose uses
      Rubber standards in today’s world economy
      Hydroponic cultivation has high yield potential for TKS
    • Sponsor Content
      Rubber in Transportation and Tire
      Sponsor Content
      Rubber in Wire and Cable
      Sponsor Content
      Process Control Systems Ensure Consistency and Lot Traceability While Protecting Proprietary Formulations
      Sponsor Content
      Reasons for Using Performance Additives
  • Blogs
    • Products
    • Wacky World of Rubber
    • New Products: Lanxess introduces vulcanization accelerator
      Covestro's CO2 technology earns Germany's President's prize
      New Products: LSR 3D printing technology spotlighted at K Show
      New Products: Evonik releases silicone resin
    • Wacky World of Rubber: Floating ideas for the future of mobility
      Wacky World of Rubber: Goodyear, rubber industry make parade part of Thanksgiving traditions
      Wacky World of Rubber: How to make your own Halloween mask
      Wacky World of Rubber: 'Ode to a Tire'
  • Newsletters
    • Rubber in Automotive
    • Silicone News
    • Latex News
    • Sign Up for Newsletters
    • Goodyear to supply intelligent tires to fleets in Europe
      Denso exec keeps AV sights set on Level 2
      Wacky World of Rubber: Floating ideas for the future of mobility
      GM cutting 800 jobs to retool Detroit plant for EVs
    • Starting young: Rubber Division targets high schools to fill talent gap
      Column: Lessons from Best Places to Work
      New Products: LSR 3D printing technology spotlighted at K Show
      Rubber parts makers invest in Central, Eastern Europe
    • Starting young: Rubber Division targets high schools to fill talent gap
      Kent Elastomer promotes two
      Corrie MacColl details landmark collaboration in Cameroon
      Natural rubber producers signal decline in production
  • Multimedia
    • Videos
    • Photo Galleries
  • Directory
  • Resources
    • Classifieds & Mold Mart
    • Data Store
    • Digital Issue
    • White Papers
  • Events
    • RPN Conferences
    • RPN Live
    • Events Calendar
    • Submit an Event
    • Webinars
    • Past Events
  • Advertise
MENU
Breadcrumb
  1. Home
  2. News
September 26, 2017 02:00 AM

VDMA confident about opportunities in Iranian market

Shahrzad Pourriahi
European Rubber Journal
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    Eurpean Rubber Journal
    Germany's stand at Iranplast 2016

    TEHRAN, Iran—German plastics and rubber machinery association VDMA has voiced its confidence in the Iranian market as 46 German suppliers attended the Iranplast rubber & plastics show in Tehran Sept. 24-26.

    The association said in a statement that German machinery suppliers had "good reasons" to be optimistic about Iranplast, including "the easing of the sanctions and the increasing opening of the country [to foreign investors]."

    In the first half of 2017, German machinery exports to Iran rose by 140 percent to $26.9 million, compared to the first six months of 2016 which saw $11 million worth of export to the country.

    VDMA noted that within the first six months of 2016, sanctions already had been eased against Iran.

    "The mere market forecasts suggest further growth," explains Thorsten Kuehmann, managing director of the VDMA plastics and rubber machinery association.

    "However, we are also familiar with the ongoing problems," said Kuehmann.

    According to the official, political conditions remain difficult in the country while financial facilities are insufficient.

    Iran's market potential could also be seen by the levels of Chinese exports to the country.

    According to VDMA figures, in 2016, China exported $175.6 million worth of plastics and rubber machinery, up 15.2 percent from the previous year.

    China led the table of suppliers to Iran, followed by Germany last year.

    "Under the given general conditions and the expectation that the Iranian market is developing slowly but surely, the German plastics and rubber machinery manufacturers overall look optimistically into the future," VDMA said.

    Since 2015, the VDMA has organized an Iran Management Meeting for its members.

    According to the association, this year about 20 member companies of the VDMA met in the run-up to the Iranplast to exchange information on the future topics Industry 4.0 and circular economy.

    Letter
    to the
    Editor

    Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    SIGN UP FOR FREE NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber & Plastics News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber & Plastics News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    web
    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Contact the Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Terms of Service
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News Europe
    • Plastics News China
    • Plastics & Rubber World
    • LSR World
    • Urethanes Technology
    • Automotive News
    • Autoweek
    • Crain Brands
    Copyright © 1996-2019. Crain Communications, Inc. All Rights Reserved.
    • News
      • International Elastomer Show
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Executive Action
      • Government/Legal
      • ITEC
      • Opinion
      • Technical Notebooks
      • HEXPOL Sponsored Content
    • Blogs
      • Products
      • Wacky World of Rubber
    • Newsletters
      • Rubber in Automotive
      • Silicone News
      • Latex News
      • Sign Up for Newsletters
    • Multimedia
      • Videos
      • Photo Galleries
    • Directory
    • Resources
      • Classifieds & Mold Mart
      • Data Store
      • Digital Issue
      • White Papers
    • Events
      • RPN Conferences
      • RPN Live
      • Events Calendar
      • Submit an Event
      • Webinars
      • Past Events
    • Advertise