Ghadir Petchem Plant Boosts Sales in Q1

(Monday, August 31, 2020) 10:59

TEHRAN (NIPNA) -- The caretaker of Ghadir Petrochemical Plant said the complex had raised its sales by 61% in the first quarter of the current Iranian calendar year which began on March 20.

Speaking to NIPNA, Abbas Karimi announced a 61% increase in sales of his company in the first quarter of this year compared to the same period last year, and said: “We did not have any exports and we offered all the products in the Iranian Mercantile Exchange to be able to regulate the domestic market, which has led to generation 169% net profit for the company.”

Ghadir Petrochemical Plant is the top PVC brand in Iran and is a leader in production of quality items, he said.

Karimi further said use of local items and equipment is top on the agenda of the complex, adding the company supplies 60% of the items and parts from domestic providers which include pumps and compressors.  

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