Amir Kabir Petrochemical Company Records 10% Growth in Exports of Polymer Product
TEHRAN - Iran’s Amir Kabir Petrochemical Company succeeded in increasing the exports of its polymer products up to 10% in the past Persian calendar year (ended on March 20).
“Last year, the total sales volume of products grew by 5% and sales revenue increased by 57%,” said Abdol Majid Muhammadi, the CEO of Amir Kabir Petrochemical Company.
“Also, 32% of sales were allocated to exports, and polymer sales also experienced a 10% growth in volume and 56% in value,” he added.
Earlier reports in March also said that Iranian AryaSasol polymer company had succeeded to double the number of its foreign customers since 2022 and export products to 32 countries.
Mohammadreza Heydarzadeh, the managing director of AryaSasol, said that the company’s production was 1.784 million tons in 2022, which increased by 3% to 1.961 million tons in March 2024.
He said that expectations are high that this record will increase by the end of this year.
AryaSasol’s sales volume in the past Iranian year of (ended on March 19, 2024) rose by 5% to 1,163 tons, while sales revenue increased by 23%, Heydarzadeh said.
By the end of the first 10 months of the current Persian colander year, sales revenue showed a 41% growth compared to the same period last year, he noted.
Heydarzadeh also underlined that the company’s export markets have expanded to 32 countries, up from 16 states in 2022, driven by direct sales.