In 1404, Engineer Zahir Heydarinejad and the management team of Kermanshah Petrochemical Company took a different path with a strategic decision: targeted pre-sale of July, August and September products in export markets. This strategy not only solved the problem of warehouse capacity, but also gave the company the power to shift its focus from “selling under pressure” to “selling with maximum profit” in trade negotiations.
Amirkabir Petrochemical Complex, one of Iran’s industrial companies in the Bandar-e-Imam Petrochemical Special Economic Zone, plays a key role in supplying raw materials to domestic industries and exports with an annual production of more than 1.5 million tons of petrochemical products. Established in 1998, the complex is today known as one of the most diverse polyethylene producers in the country.
Maroon Petrochemical Company is one of the largest petrochemical production complexes in Iran, which was established on February 1, 1998, with the aim of implementing the Seventh Olefin Project.
While Bu Ali Sina Petrochemical Company managed to produce beyond its nominal capacity in 1403, Mohammad Ahmadzadeh, the company's CEO, announced the company's plans to surpass this record, increase the share of foreign exchange sales, and focus on producing high value-added products. Bu Ali's strategy is a combination of infrastructure development, export portfolio diversification, and agility in feedstock supply.
Kermanshah Petrochemical Complex, one of the key centers for chemical fertilizer production in western Iran, plays a prominent role in the province's industrial and economic development with the aim of meeting the region's agricultural needs and reducing dependence on urea imports. The complex, benefiting from its rich natural gas resources and specialized human resources, has become one of the pillars of Iran's petrochemical industry.
The Annual General Meeting of Hengam Petrochemical Company was held with the presence of shareholders, members of the Board of Directors, inspector and statutory auditor, presenting the financial performance report ending in Esfand 1403.
Bandar Imam Petrochemical, with the efforts of its specialists, succeeded in producing Grade 7000F, one of the highest quality heavy polyethylene products under license from Mitsui of Japan, at the Basparan Complex.
The subscription of foreign exchange Murabaha bonds of two petrochemical companies, Soroush Mahestan Asaluyeh and Negin Mahestan Kangan, each worth 30 million euros, was successfully completed at the Iranian Currency and Gold Exchange Center.
The head of the Privatization Organization said: "65 petrochemical companies have been transferred to the private sector and the government no longer has a meaningful stake in this industry, and the creation of a regulatory body is essential to organize the market and support competitiveness."
The Director of Health, Safety, Environment and Passive Defense at the National Petrochemical Industries Company said: "The petrochemical industry emphasizes managing water resources by recycling and using wastewater."
