News Agency - Detail

Arvand Petchem Achieves $16.6 Trillion Rial Revenue in 9 Months, Sets New Sales Records

Arvand Petchem Achieves $16.6 Trillion Rial Revenue in 9 Months, Sets New Sales Records
(Monday, January 6, 2025) 16:41

TEHRAN (NIPNA) – Arvand Petrochemical Company, the largest producer of PVC and chlorine in West Asia, has set new sales and export records, reporting a 24% increase in sales during the first nine months of 1403 (March-December 2024) compared to the same period last year.

Significant Growth in Domestic and Export Markets

According to a company statement, Arvand sold 161,340 tons of chlorine during this period, a 5.8% increase from 152,523 tons in the same timeframe last year. The company also exported 86,750 tons of caustic soda, marking an 18.5% growth over last year’s 73,232 tons.

On the domestic front, the company supplied 190,000 tons of S-PVC to local markets and achieved a remarkable 227% surge in S-PVC exports, shipping 3,542 tons compared to 1,086 tons last year.

Rising Export Revenue Amid Global Market Challenges

Despite global market volatility in the PVC sector, Arvand generated approximately $28.7 million in export revenue, reflecting a 19.6% increase from $24 million in the same period last year.

Record Financial Performance

By the end of autumn, Arvand’s total revenue reached 166.5 trillion rials (16.6 trillion tomans), a 24% increase from 134.3 trillion rials (13.4 trillion tomans) in the same period last year.

Focus on Domestic Priorities and Global Expansion

Arvand continues to prioritize the domestic market, supporting downstream industries while improving processes and productivity to boost the national economy. Simultaneously, the company has pursued targeted exports to enhance Iran’s presence in global petrochemical markets.

With a solid operational and financial performance, Arvand remains a key player in driving Iran’s petrochemical growth and strengthening its position in international markets.

Email is required
Characters left: 500
Comment is required