Petchem Plant Ready to Launch New Production Line

Petchem Plant Ready to Launch New Production Line
(Friday, August 20, 2021) 20:34

TEHRAN (NIPNA) – Iran’s Tondgouyan Petrochemical Plant is about to launch a new production line, the company’s CEO said.

According to the company, Seyed Reza Ghasemi Shahri told reporters on Sunday: "Currently, due to the efforts of employees, workers and executives of this complex and increase production, we do not need to import polyethylene terephthalate products and grades anymore."

He said last calendar year (which ended on March 20) the company realized 87% of its production plan; a figure which is expected to reach 95% in the current Iranian calendar year which began on March 21.

Mr. Shahri added that over the course of the past two years, dozens of projects have been implemented in the company including localization of the manufacturing of its air compressors.

“We plan to fully materialize our production plan by 2022,” he said.

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