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Bitumen Production, Pharmaceuticals

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Any kind of oil byproduct has a comparative advantage for Iran’s refinery and petrochemical companies. So is bitumen production in which Iran ranks third in the world. Bitumen is an unsung hero of our modern world. It may be found in natural deposits. Or, it can be a refined product. In 2016, Iran was ranked third among the top bitumen producing countries in the world. With China ranking number one in import of bitumen followed by the United States. In this part of the show we’ll visit Pasargad Oil Company. To keep your hands away from remote control, we decided to change the subject to medicine. Our reporter visited Cinnagen which is a big Iranian pharmaceutical company producing biosimilar drugs, laboratory diagnostic reagents for in vitro use, and recombinant proteins. It also exports to other countries in the Middle East and beyond.

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