8 April 2025 - 20:23
  • News ID: 656472
Karoun Petrochemical Company production grows 17%

SHANA (Tehran) – The CEO of Karoun Petrochemical Company announced a 17.4% increase in production in 1403 compared to 1402.

Alireza Sediqizadeh, speaking at a board of directors meeting, reviewed the challenges and achievements of 1403, stating: "Despite numerous issues in timely feedstock supply, we managed to boost production by 17.4% compared to 1402. This success is due to our colleagues' relentless efforts, and we commend their hard work."

He assessed Karoun Petrochemical’s recent performance as positive, saying: "The company has seen steady growth in recent years, securing a strong market position. By maintaining stability, we have moved past stagnation and achieved this level of progress."

Regarding 1404 plans, Sediqizadeh emphasized liquidity control, adding: "This year, costs must be carefully managed, and high-priority projects finalized promptly."

He also highlighted the completion of the Haiku project as a key 1404 goal: "I thank all teams, especially the projects unit, for their dedication in advancing this initiative. We hope to commission the unit in the coming months, resolving feedstock supply challenges and reaching full nominal capacity."

News ID 656472

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