TEHRAN – Iran’s Amirkabir Petrochemical Company managed to set a new record in the production and export of its products in the first quarter of the current calendar year, which began on March 21.
The company’s net profits saw a 312%-growth in the period, its performance report suggested.
According to the company’s financial statements for the period, Amirkabir Petrochemical Plant’s net profit stood at Rls. 10,750 billion, up 312% compared to the same period last year.
It also had revenue of Rls. 57,299 billion in sales in the first three months of the current fiscal year, which shows a year-on-year growth of 194 percent.
Also, the company’s exports rose by 22% in the period compared with last year’s first quarter.
Bidboland Persian Gulf Refinery to Supply Superjet Fuel
Persian Gulf Bidboland Gas Refining Company has invests €55 million in its butane+ desalination project to maximize protection of the environment and supply superjet fuel.
According to Persian Gulf Bidboland Gas Refining Company, the project is aimed at protecting the environment and maximizing use of product capacity and ultimately creating value added.
Mahmoud Aminnejad, the CEO of Persian Gulf Bidboland Gas Refining Company, emphasized that all stages of design and implementation of this unit have been carried out by relying on the ability of local experts and builders, adding: “By exploiting this environmentally friendly project, some raw materials needed for production of superjet fuel and the country’s aviation industry will be provided.”
He continued that the unit was 75% complete so far and was slated to come online by June 2022.