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PGPIC Output, Sales, Satisfactory: CEO

PGPIC Output, Sales, Satisfactory: CEO
(Monday, November 25, 2019) 17:00

TEHRAN (NIPNA) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company’s production and sales were at a satisfactory state.

Speaking to reporters, Jafar Rabiei said PGPIC’s sales and exports were being carried out well.

Iran’s largest petrochemical holding company is currently running 40 percent of the industry in Iran, said Rabiei, adding that the company also enjoyed 40% of petrochemical exports of Iran.

Speaking on the sidelines of a showcase in Kish Island, the official said the exports of the company were satisfactory despite the sanctions and the ensuing restrictions.

He also announced that PGPIC was planning to launch Tondgouyan and Urmia petrochemical plants by the end of the current Iranian calendar year to March 20, expressing optimism that Arya Sasol would be quoted in the stock market by March.

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