Iran's Petrochemical Commercial Company (PCC) recently signed a memorandum of understanding (MoU) with Indonesia's state-run Pertamina on petrochemical cooperation, said a report.

PCC officials met Pertamina executives in Tehran to ink the cooperation deal and discuss petrochemical cooperation, added the Iran Daily News report.

During the meeting, the Indonesian side announced willingness to directly import liquefied petroleum gas (LPG), gas condensate and bitumen from PCC, it said.

Additionally, PCC indicated interest in buying aromatics from Pertamina.