Production from companies run under Persian Gulf Holding reached 18.5 million tons in the last calendar year which ended on March 20, the Holdings manager said.
Adel Salim-Nejad said the output was up 6 percent from a year before, adding that the production is planned to increase in the current calendar year.
He said a five-year plan is being formulated to bring the nominal capacity of Persian Gulf Holdings subsidiaries to 22 million tons a year.
Salim-Nejad said the company produced at 68% of its capacity in the last calendar year. He said it sold 15.5 million tons to domestic and foreign markets.
Persian Gulf Holding administers 60 petrochemical companies exporting up to $9 billion a year of petrochemicals.
By SHANA
# Tags
