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PetroEnergy Information Network

News Agency - Detail

Tondgouyan Plant Output Exceeds Expectations

(Wednesday, November 29, 2017) 18:28

TEHRAN, Nov. 29 (Shana) -- Tondgouyan Petrochemical Plant operated at 106% its planned production in the month of Aban (the 8th month in the Iranian calendar- October 23-November 21), the facility's managing director said.

Hassan Taghavi Ganji said, during the month, the company's revenues rose by 20% year-on-year, adding productivity of the plant is very favorable for the time being, NIPNA reported.

He said this level of productivity is a record by itself, saying Tondgouyan is the only producer of PET and PTA in Iran.

Nearly 80% of the facility's output is consumed domestically, Taghavi Ganji added, saying the company's exports are primarily destined to Iraq, central Asian countries, Afghanistan, India, Thailand and Egypt.

A subsidiary of the Persian Gulf Petrochemical Industries Company (PGPIC), the plant is fed by Noori Petrochemical Plant.