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Date: Saturday, September 17, 2016      
Shazand Petrochemical Co. Output Hits Record High
Shazand Petrochemical Co. Output Hits Record High
Shazand Petrochemical Company produced one million tons of product in the last Iranian calendar year of 1394 (2015-16), setting a new record in production petrochemicals.
Managing Director of Shazand Petrochemical Company Khodadad Gharibpour said on Wednesday that his company is among the first group of companies to receive their frozen assets from the Japanese and German companies in the post-JCPOA era.
He said one million dollars had been fully collected from Japan and 4.6 million euros from Germany. He noted that the company could collect all its export revenues and the sanctions failed to affect the trend. He said Shazand Petrochemical Facility receives feedstock from 16 Iranian and foreign sources.



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