Fanavaran Petrochem Company’s Profit Rises by 53 Percent

The net profit of Fanavaran Petrochemical Company in Khuzestan Province increased by 53% in the last Iranian year (March 2022-023) compared to the previous year, the managing director of the company said.
“The company’s profit reached $63 million in last fiscal year,” Mohammad Javad Badri was also quoted as saying by the Oil Ministry’s news service Shana.
Besides the rise in net profit, he also talked about ongoing projects at the company to preserve the environment and increase output.