Iran achieves $360mn in foreign currency savings with 45 homegrown nanocatalysts

Iran has recorded a major breakthrough in energy technology by producing 45 types of indigenous nanocatalysts, which have both boosted exports and delivered substantial foreign currency savings. According to the Vice Presidency for Science, Technology, and Knowledge-Based Economy, Iran saved $360 million in imports while exports of nanocatalysts reached $12 million last year.

Nanocatalysts play a critical role in enhancing efficiency in the oil and petrochemical industries. With strategic investment in this sector, Iran has become a significant player, moving beyond the laboratory stage to the industrial deployment of strategic products. Statistics from the National Nanotechnology and Microtechnology Development Headquarters show that the domestic sales of nanocatalysts reached 114.6 trillion rials last year, reflecting the rapid growth of this industry.

Iranian nanocatalysts are now being exported to countries such as Iraq, Turkey, Russia, and Venezuela, strengthening Iran’s share in international markets.
Their application has sharply reduced dependence on imports and cut costs in sectors such as gasoline production, which alone brought about $75 million in savings this year.

Currently, 11 domestic companies are producing and supplying more than 45 types of nanocatalysts used at the core of refineries and petrochemical plants.
This not only advances energy security by reducing reliance on foreign supplies but also boosts industrial resilience against sanctions and external restrictions.

The government emphasizes that with continued investment in research and development, the expansion of export markets, and sustained support for knowledge-based companies, Iran is on track to cement its position as a key global player in the nanocatalyst market.