According to the company, Alireza Sediqizadeh, noting the establishment of a research and development center in Karoon Petrochemical Company, said: "One of the most important goals of Karoon Petrochemical Company has been to establish a research center and pay special attention to its application in the activities of the company."

Sadiqizadeh announced unveiling of new items in the facility in the next 6 months, adding following these successes, the company's profitability, currency generation and competitiveness will increase in the global markets.