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Razi Petchem Plant Receives License for €36 Million NPK Fertilizer Plant

Razi Petchem Plant Receives License for €36 Million NPK Fertilizer Plant
(Tuesday, February 25, 2025) 12:20

TEHRAN (NIPNA) – Razi Petrochemical Company has secured a license to establish a new NPK fertilizer production plant, marking a significant step in expanding Iran’s petrochemical and agricultural sectors.

The licensing ceremony was held on Monday with the participation of Mohammadreza Motieiri, CEO of the Petrochemical Special Economic Zone Organization, and Ugur Ozigit, CEO of Razi Petrochemical Company, according to the National Petrochemical Company (NIPNA).

The €36 million investment will enable the plant to produce 250,000 metric tons of granulated NPK fertilizers annually. The project is expected to create 50 direct job opportunities.

Targeting both domestic demand and international markets, the new facility aims to strengthen Iran’s petrochemical value chain while enhancing productivity in the agricultural sector.


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