TEHRAN, Iran, Apr.21
Trend:
The sale of petrochemical products in Jam Petrochemical Complex has increased in the last Iranian year (started March 20, 2020) compare to the previous Iranian year (started March 21, 2019).
Jam Petrochemical Complex Public Relations and International Affairs provided a report of its sale during last Iranian year, exclusively to Trend.
The following report has compared the sale of various products produced by Jam Petrochemical Complex in last Iranian year and previous Iranian year. The statistics indicate the company sold about 646,448 tons of products in 2019 while sales of products increased by 14 percent in 2020 to 740,166 tons of products that promoted the company's turnover.
The statistics show LLDPE production plant sold 342,000 tons of polyethylene (PE) from its total 381,577 tons of light density polyethylene in 2020 an increase of 20 percent compare to 2019 which was 284,994 tons.
The sale of the high-density polyethylene (HDPE)plant had a 12 percent increase in last Iranian year compare to the previous Iranian year from 287,000 tons to 323,000 tons.
The products of the high-density polyethylene (HDPE)plant in Jam Petrochemical Complex sold domestically and exported.
The chemical plant in the Jam Petrochemical Complex that produces Butene-1 and Butadiene and Raffinate has only released the sale report of Butadiene and Butene-1 in 2020 that indicates a one percent increase compared to 2019.
Total Butadiene and Butene-1 in 2020 was 75,000 tons while the sale in 2019 was around 74,000 tons.
The company's total revenue from the sale of its products in the last Iranian year was about $6.2 billion while about $755 million of the sale was generated during the last month of last Iranian year (from February 19 to March 20, 2021).
Jam Petrochemical Complex total sales in last Iranian year had 95 percent growth compared to the previous Iranian year.
The board member of Jam Petrochemical Complex Seyed Ebrahim Saghaii has stated the sale in last Iranian year had more than 95 percent increase compared to the previous Iranian year considering the 13 percent production growth that was partly due to increase of volume for sale and partly due to increasing of foreign currency rate and export of products.
"Considering petrochemical companies' foreign currency revenue from export, the increase of foreign currency rate caused the growth of export revenue," he said referring to effects of foreign currency rate on company's activities.
Jam Petrochemical Complex has started as a development project of Iran’s National Petrochemical Industries located in the Asalooyeh Petrochemical Free Zone since 1999 to act as the world's largest Olefin manufacturing plant.
