BAKU, Azerbaijan, July 12. Iran's Amir Kabir Petrochemical Company saved 3.7 million euro for the last Iranian year (March 21, 2021 through March 20, 2022), thanks to the domestic production, Executive Director of the company Yadollah Mosadeghi Fard said, Trend reports citing the company’s website.
The director noted that with the help of the company's specialists and local start-up companies, work was started on the domestic production of 759 types of spare parts last Iranian year (March 21, 2021 through March 20, 2022). As a result, 600 types of spare parts were produced domestically.
Mosadeghi Fard added that the company will continue the domestic production of spare parts within the country for the current Iranian year (March 21, 2022 through March 20, 2023), with the help of local start-up companies.
According to him, over the last Iranian year, the company's production increased by 16 percent compared to the preceding Iranian year (March 20, 2020 through March 20, 2021).
About 52 percent of the shares of Amir Kabir Petrochemical Company belong to the Iranian Ministry of Cooperatives, Labour, and Social Welfare.
The Amir Kabir Petrochemical Company is located in the Petrochemical special economic zone at the Imam Khomeini port of Khuzestan province.
The company annually produces 520 tons of ethylene, 300,000 tons of LDPE, 260,000 tons of LLDPE, 140,000 tons of HDPE, 154,000 tons of propylene, 134,000 tons of DPG, 104,000 tons of C4 Cut, 51,000 tons of Butadiene, 20,000 tons of butane, 1,500 tons of Pe-wax and other products.