Nouri Petchem Output Rises 11% in 2024, Surpassing Nameplate Capacity

Nouri Petchem Output Rises 11% in 2024, Surpassing Nameplate Capacity
(Saturday, August 2, 2025) 11:38

ASALUYEH (NIPNA) – Nouri Petrochemical Company reported an 11% increase in production for the Iranian year 1403 (ending March 2025), reaching approximately 4.9 million tonnes and operating at 108% of its nameplate capacity, according to company CEO Gholamreza Jamshidi.


Speaking at an extraordinary general assembly on Wednesday, Jamshidi credited the achievement to the dedication of the company’s workforce, highlighting record-breaking figures including 124% output in March alone.

"Despite regional challenges, including a 12-day imposed conflict near Asaluyeh, Nouri has consistently operated at 120% capacity since the beginning of the year," Jamshidi said, noting that the 108% figure for the full year exceeded the company’s eight-year average by 6%.

According to the company’s financial report, gross profit in 1403 reached 410 trillion rials, marking a 42% increase year-on-year. Operating profit stood at 310 trillion rials, with net profit at 240 trillion rials. The company also delivered $460 million in profit to shareholders — above its six-year average.

Key projects in 1403 included the commissioning of Hengam Petrochemical’s urea unit, continued work on the heavy cut sweetening unit and Euro-6 diesel production, flare gas recovery efforts, optimization of feedstock from the 4th South Pars refinery, and operational upgrades to Unit 200 to expand capacity.

Nouri Petrochemical is a major producer of aromatics and one of the largest plants in Iran’s petrochemical sector, operating in the energy hub of Asaluyeh under the Persian Gulf Petrochemical Industries Company (PGPIC).

 


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