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Iran’s Shahid Tondgooyan Petrochemical Company announces data on its production

Oil&Gas Materials 5 July 2021 08:41 (UTC +04:00)
Iran’s Shahid Tondgooyan Petrochemical Company announces data on its production

BAKU, Azerbaijan, July 5

By Elnur Baghishov – Trend:

The Shahid Tondgooyan Petrochemical Company's in the Bandar Imam Special Economic Zone of Khuzestan Province (south-western Iran) produced about 290,000 tons of products during the first three months of the current Iranian year (from March 21 through June 21, 2021), Production Manager of the company Amin Malikzadeh said, Trend reports citing the Shana News Agency.

Malikzadeh said that the company is implementing a number of programs to increase production. So, the company is working to set a new record in production in the current Iranian year (from March 21, 2021 through March 20, 2022).

The manager added that also, the company's production exceeded 106,000 tons in the 3rd month of the current Iranian year (May 21through June 21, 2021).

As reported, the company launched its activity in 1998 and it operates in Bandar Imam Special Economic Zone on the area covering 34 hectares. The Shahid Tondgooyan Petrochemical Company produces PTA (Purified Terephthalic Acid) and PET (polyethylene terephthalate) products.

The company produces more than 1.6 million tons of products a year, and the value of the company's annual production is estimated at more than $800 million. The company operates under the Persian Gulf Petrochemical Industry Company of Iran.

Iran's Shahid Tondgooyan Petrochemical Company produced more than 1.1 million tons of products over the last Iranian year (from March 20, 2020 through March 20, 2021). The company sold about 613,000 tons of products. The company's sales were worth about 100 trillion rials (about $2.38 billion).

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