Iran-Made Petrochemical Products Well Sold in European, African, Latin American Markets
“In recent years, we have gained a high potential in the marketing of petrochemical products, specially urea and ammonia, and now, the products of the petrochemical industry can be seen in the markets of Europe, Africa and Latin America,” said Mohammad Reza Miri Lavasani, also the CEO of Pardis Petrochemical Company.
He underlined that Iran Petrochemical Urea brand is now well known in the export markets.
“Considering the fact that all petrochemical units in Iran produce high quality urea, we have been able to achieve a good market in this area,” Miri Lavasani said.
Reports said last January that Pardis Petrochemical Company had managed to win the first rank among Iran’s top export-oriented firms in the past Persian calendar year (ended on March 20, 2023).
Pardis Petrochemical Company was introduced as Iran's top export-oriented firm among 500 largest Iranian enterprises due to its successful performance in the field of ammonia and urea exports in the 25th conference for introducing the top 100 companies of the country (IMI100).
During the conference, organized by the Industrial Management Organization, the top 100 companies of the country were introduced based on 33 profitability and sales indicators among the top 500 enterprises.
Pardis Petrochemical Company had managed to register a record of $1.3 billion worth of product exports last year, showing a 104% growth compared to the same period the preceding year.
119% increase in operating income, 100% increase in net profit, 289% growth in the hard currency of ammonia exports, and 85% growth in the hard currency earnings of urea exports were other elements which led to Pardis Petrochemical Company’s winning the first rank.
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