Q1 Sales of Iranian Petchem Plant Grow

The sales of the Shiraz Petrochemical Company have increased by 187% in the first quarter of the current calendar year, which began on March 21, compared to the same period last year (March 2021-22).

According to the plant, the company sold IRR 49,000 billion (US$153.125 million) worth of products during the first quarter of the year, setting a new record in its sales.

The growth came despite rising concerns about the low season in the global markets for the items produced in the facility. Meanwhile, the plant’s sales rose by 12% in terms of volume during the first quarter year-on-year. - Shana