31 Jul 2021
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21:12
News ID: 83
The release of the codal of shegooya's quarterly report shows that in the first quarter of the year named "production, support, and the removal of barriers" profitability increased by ۲۹۷% compared to the same period of the last year.

According to the Shahid Tondgooyan Petrochemical public relations and international affairs, STPC as the largest production chain of Polyethylene Terephthalate products, in the first quarter of the year named "production, support, and the removal of barriers" earned 449 Rials per share, which indicates an increase of 297% compared to the same period last year.
Based on the report published by the codal of Shahid Tondgooyan Petrochemical Company, in the spring of 2021, the gross profit reached 2748 billion tomans with 270 percent, and the net profit reached 1,076 billion tomans.
We are expected that with the implementation of new programs to eliminate bottlenecks and barriers to Shahid Tondgooyan Petrochemical Company Became More Profitable/ 297% Jump in the Profitability of Shegooya in the Spring of 2021production, production relative to nominal capacity increases and the product portfolio diversifies by offering several new grades, production, sales, and profitability of Shahid Tondgooyan Petrochemical Company in the year will be accompanied by a further increase.
Also, after 17 years of downtime, the company is ready to operate two new production lines with a total production capacity of 16,000 tons of product, using the maximum capacity of the company's internal specialists, equipment manufacturers, and knowledge-based companies.
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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