BAKU, Azerbaijan, October 23. Iran’s Shazand (Arak) Petrochemical Company (ARPC) has seen a 269 percent increase in net profit during the first half of the current Iranian year (from March 21 through September 22, 2025) compared to the same period last year (from March 20 through September 21, 2024), said the company’s CEO, Abbas Karimi, Trend reports.
Speaking to local media, Karimi stated that net profit reached 15 trillion rials (about $26.7 million), despite the plant halting production for 35 days due to major renovations.
Karimi added that total sales during this period amounted to 190 trillion rials (around $338 million), marking a 5 percent rise compared to the same period last year.
The Shazand Petrochemical Company annually produces around 306,000 tons of ethylene, 124,000 tons of propylene, 85,000 tons of heavy polyethylene, 85,000 tons of light polyethylene, and other chemical products.
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