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Iran’s Bouali Sina Petrochemical Company boosts its sales

Oil&Gas Materials 9 December 2020 12:47 (UTC +04:00)
Iran’s Bouali Sina Petrochemical Company boosts its sales

BAKU, Azerbaijan, Dec. 9

By Elnur Baghishov – Trend:

The sales Bouali Sina Petrochemical Company in the Imam Khomeini Special Economic Zone of Khuzestan Province(southwestern Iran) increased by 20 percent during the first six months of the current Iranian year (from March 20 through September 21, 2020) compared to the same period last Iranian year, said Executive Director of Bouali Sina Petrochemical Company Mohammad Ahmadzadeh, Trend reports citing Persian Gulf Petrochemical Industries Company’s website.

Ahmadzadeh emphasized that the company's light distillate production increased by 39 percent, liquefied gas - by 25 percent and benzene - by 23 percent over the reporting period.

The director added that the company's revenues rose from 790 rials (about $0.01) to 2,160 rials (about $0.05) per share in 6 months compared to the same period last Iranian year.

The revenues of Iran's Bouali Sina Petrochemical Company was 8 trillion rials (about $190 million) in the last Iranian year (from March 21, 2019 to March 20, 2020).

Iran's Bouali Sina Petrochemical Company can produce annualy 180,000 tons of benzene, 40,000 tons of liquefied petroleum gas (LPG), 350,000 tons of light naphtha, 499,000 tons of heavy naphtha, 700,000 tons of white oil, various solvents, reformate and other products.

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