According to Sabalan Petrochemical Company, Reza Karimi, the CEO of
Sabalan Petrochemical Plant, stated: "Fortunately, with the pursued
efforts, the supply issue of the required oxygen feedstock from Damavand
Petrochemical Plant has been resolved. The second ASU unit of Damavand, with a
production capacity of 62,000 normal cubic meters of high-pressure oxygen (Hp),
which was operationalized through a joint investment between Sabalan
Petrochemical Plant and Damavand Energy Company, has now commenced production.
Due to these developments, in the past few days, the company's production has
reached 100% of its capacity, materializing the motto of 'Inflation Control and
Karimi added: "With this progress, Sabalan Petrochemical has
reached a daily production of 5,000 tons of methanol. This increase in
production implies higher sales and foreign currency generation, playing a
crucial role in combating inflation. Furthermore, based on the agreements made
and the oxygen supply in Phase 2 of Asaluyeh by Damavand Energy, this
sustainable production capacity will continue, eliminating the oxygen feedstock
issue. This sustainable production signifies the creation of wealth for our
country and esteemed shareholders."
Sabalan's CEO highlighted the efforts and diligence of the head of
Petro Farhang Holding in procuring the necessary oxygen. He emphasized,
"Sabalan Petrochemical, with a team of dedicated and skilled youth,
defines its role in the petrochemical industry of our country as one of its
core objectives. We are working day and night to achieve this goal, and
reaching the maximum and sustainable production capacity is one of the
conditions for achieving this objective, which has now been realized."