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Jam Boosting Output

Jam Boosting Output
(Tuesday, September 27, 2022) 22:39

TEHRAN (NIPNA) – The marketing and sales director of Jam Petrochemical Plant announced the inauguration of the ABS-Rubber unit of the company in 9 months, and said: “Jam Petrochemical Plant has two development plans in progress, and ABS-Rubber unit is about 85% complete.”

Speaking on the sidelines of the 16th Iran Plast showcase, Saeed Shirdel said that the PDH/PP project needs $1 billion of capital: "Now its license has been purchased and we are in the process of handing over the land. Implementation of this unit will begin after the contractor is appointed.”

Referring to the quality of the Iran Plast exhibition and the strong presence of businessmen from CIS countries, he emphasized: Considering the existing conditions, the 16th Iran Plast exhibition has been well received and we expect that our expectations will be fulfilled by the end of this exhibition period.

Emphasizing that last year the company was able to export items to 31 international markets, he said: “We are trying to expand exports, so far we have been able to reduce the share of the Chinese market in the product and export our polymer products to their markets instead.”

Shirdel emphasized that currently 45% of Jam's petrochemical products are exported to China and 55% to Turkey, CIS countries, Europe, India and Africa.

He also said about the discovery of new export markets: “We were able to enter the markets of Singapore, Vietnam and Kenya in Africa and export. Also, we resumed exports to India due to the favorable prices. Good conditions are prevailing now and we were able to enter about eight new countries in the field of export.”

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