Jam Petrochemical Company in Asalouyeh, Bushehr Province, is to increase sales by 33% compared to last year and will earn $800 million in sales by the end of the current calendar year in March, the managing director said.
“Our total sale was $600 million last year (March 2019-2020), which was 43% higher than the year before that,” ILNA quoted Mohammadreza Saeedi as saying.
The rise was in tandem with higher production and the company will boost output this year. JPC is one of the largest producers of olefins in Iran with annual production of 1.32 million tons of ethylene, 305,000 tons propylene, 115,000 tons butadiene, 100,000 tons of butane 1, 300,000 tons of polyethylene (PE), 300,000 tons of high density polyethylene (HDPE) and 300,000 tons of polypropylene, Saeedi said.
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