21 June 2022 - 12:01
  • News Code: 458430
Iran Firms Develops Palladium Catalyst

TEHRAN (Shana) -- The CEO of Shahid Tondgouyan Petrochemical Company announced a 57% increase in the company's net profit in the calendar year of 1400 which ended on March 20, compared to the previous year and the localization of palladium catalysts.

According to Persian Gulf Petrochemical Industries Company (PGPIC), Seyed Reza Ghasemi-Shahri told the Annual General Meeting and Extraordinary General Assembly of Shahid Tondgouyan Petrochemical Company on Sunday: “The selection of Shahid Tondgouyan Petrochemical Company as the best supplier in the Iran Mercantile Exchange and the top publisher of the Stock Exchange and Securities Organization last year, also obtaining the highest rank in the field of optimal production control performance in the evaluation of the National Petrochemical Company among 54 petrochemical companies in the country are some of the honors gained by this company in 1400.”

He stated that the company’s output was 1.162 million tons in the previous calendar year which supplied by PET market properly preventing any worries for the item’s supply.

News Code 458430

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