Speaking to
reporters, Amin Bayanak, the facility's managing director, said: "We have
initiated 11 environmental and energy projects worth more than 40 billion tumans in Ghadir Petrochemical Complex which will be launched by late May”.
He said the
company is the only plant among Iran’s PVC producers that has proved more
productive than its nameplate capacity.
Bayanak said
his company has become a lucrative plant while it was on the verge of
bankruptcy less than three years ago and was about to be foreclosed on surmounting debts.
“Today, we
have not only been able to settle our debts, the company has collected profits
of more than IRR260b through its operations,” he added.