21 July 2020 - 15:21
  • News Code: 305199
Lordegan Petchem to Export 80% of Sales: CEO

TEHRAN (Shana) -- The CEO of Lordegan Petrochemical Company announced the launch of this complex in the very near future, and said: “It is predicted that 80% of the sales of this company will be for export.”

According to the Persian Gulf Petrochemical Industries Company (PGPIC), Mohsen Mahmoudi, in the annual general assembly of Lordegan Urea Fertilizer Company, presented the performance report of this project, and announced its launch in the very near future.

The percentage of domestic and export sales quotas of the company would be determined and predicted by the relevant authorities but it would be 80% of the company's sales, he said.

The CEO of Lordegan Urea Fertilizer Company touched on the company’s commitment to sell products only to China: “The company is not committed to exporting the products only to China in the financing agreements it has signed with China. The company may also have China as a buyer in its dealings based on its decisions, but it has no sole obligation to sell to China.”

News Code 305199

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