Noori Petchem Plant 108% Operational in Q1

Noori Petchem Plant 108% Operational in Q1
(Tuesday, July 11, 2017) 15:56

TEHRAN (NIPNA) -- Nori Petrochemical Plant operated 108% of its nameplate capacity in the first quarter of the current Iranian calendar year which began on March 21.

According to the plant's public relations office, the facility supplied 1.24 million tons of petrochemicals during the three months which was 108% of its nameplate capacity.

The production was made possible despite 10 days of recess for emergency overhaul in the facility in June.

The plant operated at 119% of its planned production target during the quarter.

During the period, the facility sold 492,106 tons of its output on the domestic market with an estimated value of IRR 8.5 billion.

It also exported 689,100 tons valued at $320m throughout the period.

Last year, the company accounted for 3.9% of Iran's petrochemical output and 24% of its mother company, Persian Gulf Petrochemical Industries Company (PGPIC).  

 

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