20 Jul 2021
News ID: 82
The head of Shahid Tondgooyan Petrochemical Company announced: For the first time in the history of the country's petrochemical industry, to eliminate the need for imports, meet the needs of complementary petrochemical industries and increase the company's profitability, the production of textile PET grade yarn will begin.

According to the Shahid Tondgooyan Petrochemical public relations and international affairs, Amin Malekzadeh referring to the diversification programme of the company petrochemical products and said: For the past two years, the diversification of the petrochemical company's product portfolio has begun under the supply and demand situation of the market and to eliminate the need to import foreign products and grades.

The head of the company stated that in the macro policy, planning for the design and commercial production of a new product called PET-colored textile yarn has been put on the agenda and specified: accordingly, by applying technical changes in the production lines of Shahid Tondgooyan Petrochemical Company, we will soon see the production of PET-colored grade textile yarn.

In this situation, from a technical point of view, there is a possibility and annual production capacity of Production of Polyethylene Terephthalate (PET) Colored Grade in Shahid Tondgooyan Petrochemical Company Will Start Soon60,000 tons of PET textile grade yarn in the company; he said: We will start producing and commercializing this new grade soon.

Malekzadeh considered the production of PET textile grade yarn to lead to an increase in profitability and profit margin of Shahid Tondgooyan Petrochemical Company and added: in addition to meeting domestic needs and preventing similar foreign products, more than five million Tomans of added value per ton of this new product and the economic profit margin will go to the company.

Shahid Tondgooyan Petrochemical Company (STPC) is the largest producer of the most important and strategic products of Polyethylene Terephthalate (PET) and Pure Terephthalic Acid (PTA) in the country. This company, as the largest and only producer of Polyethylene Terephthalate chain products in the petrochemical industry of the country, has an annual production capacity of more than 1,587,000 tons of various products, including various grades of PET.

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