Export from Khorasan Petrochemical Company increased by 12% in the first nine months of the current fiscal (March-December) compared to the corresponding period last year, the managing director said Tuesday.
A subsidiary of Iran's National Petrochemical Company, KPC is the largest chemical producer in the north and northeast of Iran.
“The company exported $62 million worth of products in the nine-month period,” IRNA quoted Hussein Shafiee as saying.
The company produced 468,000 tons of urea, 274,000 tons of ammonia and 15,800 tons of melamine in the three quarters.
Located in Bojnourd, North Khorasan Province, KPC has been producing urea, ammonia and melamine for over two decades.
Urea is widely used in the agricultural industry as animal feed additive and fertilizer and contains 46% nitrogen.
Ammonia is used in making fertilizers and explosives, where methanol serves as a source for other chemicals.
Melamine is a chemical that is used in manufacturing utensils, plates, plastic products, paper, paperboard, and industrial coating, among other things.
The company exports to 11 countries, namely India, Malaysia, Indonesia, Sri Lanka, Afghanistan, Turkmenistan, Turkey, Iraq, the UAE, Mozambique and Ukraine.
