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Tondguyan Petchem Plant Eyes New Output Record

Tondguyan Petchem Plant Eyes New Output Record
(Tuesday, January 28, 2020) 18:25

TEHRAN (NIPNA) -- The CEO of Tondguyan Petrochemical Company said his company had already fulfilled 85% of its planned output, predicting that the company would break its production record in the current calendar year, which began on March 21.

Addressing a press conference on Tuesday, Seyed Reza Qasemi Shahri said the sanctions had proved to be a blessing for his company, stating the plant had been able to localize the technical savvy for production of various items and achieve self-sufficiency in diverse fields from manufacturing mechanical parts to production of certain chemicals, etc., which have created jobs in the country.

This year, Tondguyan Petrochemical Company has not had the troubles it often had for feedstock supply in the previous years, he said, adding the company is quoted in the stock market for all the polyethylene terephthalate chain items.

The CEO of Tondguyan Petrochemical Company added that the company fully supplied the local market with its output and had taking steps for exporting it items.

Qasemi Shahri said the company also sold 95% of its output on the local market this year, adding that 470,000 tons of the company’s output was sold domestically this year.

Last year the company’s output hit 1.03 million tons which is expected to grow dramatically this year.

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