Managing Director of Jam Petrochemical Complex Hossein Mir Afzali said the plant is banking on production of 2.5 million tons of petrochemicals in the current Iranian calendar year which began on March 21.
he said the plant will launch its ABS unit with production at full tilt in the current year.
He said the company is operating at an acceptable rate currently and, provided that feedstock supply is sustainable, it will yield nearly 2.5 million tons of petrochemical this year.
Mr. Mir Afzali said enhancing production capacity at PE and HD units of the plant are also planned for this year.
He further said that quoting the company in foreign stock markets including the Borsa Istanbul is also being considered by the Persian Gulf Petrochemical Industries Company (PGPIC), Fajr Plant's mother company.
Fajr Petrochemical Complex is one of the world's biggest suppliers of olefins, heavy density polyethylene and linear light PE, butadiene and butane 1.
The plant is also one of Iran's biggest exporters of polymer products. Nearly 80% of its output is exported.