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500% Rise in TPC H1 Profitability

500% Rise in TPC H1 Profitability
(Saturday, October 23, 2021) 17:08

TEHRAN (NIPNA) -- Tabriz Petrochemical Company (TPC), with an increase in production and export of various products, registered a record 500 percent increase rise in profitability in the first half of the current calendar year, which began on March 21.

According to Tabriz Petrochemical Company, the launch of some development projects, efficient strategies and plans led to a historical record in the history of Tabriz Petrochemical and made it able to enter the polymer competition market more powerfully than before.

Tabriz Petrochemical Company has achieved a new record in profit by increasing production of various products and exports.

Following the development path, TPC has put construction of ethylbenzene and polystyrene units on its agenda. Due to the lack of styrene and the existence of empty capacity in the production of polystyrene products, the development of existing ethylbenzene and styrene monomer units is followed by the construction of new units in the complex.

New development plans in Tabriz Petrochemical Plant have kicked off while additional stages of the implementation of the polypropylene project with more than 70% progress and the beginning of the construction of the 310,000-ton heavy polyethylene project in this company are underway.

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