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Arvand Petchem Plant Breaks Production, Profitability Records

Arvand Petchem Plant Breaks Production, Profitability Records
(Sunday, February 26, 2023) 15:00

TEHRAN (NIPNA) -- Arvand Petrochemical Company, with the production of 2.58 million tons of products in the first 11 months of the current Iranian calendar year which began on March 21, set a new production record and registered a unique performance with 7.5 trillion tomans of net profit.

According to Arvand Petrochemical Company, the plant’s production, sales and profits showed significant growth in the complex this year.

According to the data published by the Arvand Petrochemical Management Planning Unit, in the course of the period under review, the production of two highly-used and strategic products of chlorine and Caustic grew 15% from a year earlier in the first 11 months of this calendar year, which is a new record in the company’s books.

In fact, this increase in production in CA, in addition to increasing the profit of the Middle East’s major Chlorine producer, means providing sustainable feedstock for other parent industries and increasing output and profitability of five petrochemical plants that depend on Arvand Petrochemical Company’s output.

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