Plant Eyes 18% Output Growth

(Sunday, May 10, 2020) 13:14

TEHRAN (NIPNA) – The CEO of Tondgouyan Petrochemical Plant said plans were under way to increase the facility’s productivity by 18% y/y in the current calendar year, which began on March 20.

Reza Ghasemi Shahri told an online press conference that his company had experienced 3% year-on-year growth in production in the previous year.

He said the chemical units of the company yielded over 267,000 tons of petrochemicals during the year which was 20% more than the output in the previous year.

Mr. Shahri said the plant’s output in the first 4 months of the previous year stood at over 100,000 tons, adding no hurdles were reported in the plant’s operations despite the coronavirus outbreak.

He further said that 10% of the company’s output was exported last year, adding the same trend would be practiced in the current year and exports will be better than the previous year.

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National Petrochemical Company