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Production

  • EghtesadOnline: Jam Petrochemical Company in Asalouyeh, Bushehr Province set a new record in production of olefin products last Persian calendar year (March 2020-2021), producing over 1.22 million tons of ethylene and propylene, which was 62,000 tons more than the previous year.

  • EghtesadOnline: The value of products made in Chabahar in Iran’s southeastern province of Sistan-Baluchestan has increased 6.2-fold over the past eight years from 1,240 billion rials ($4.91 million) to 7,728 billion rials ($30.6 million), says Abdolrahim Kordi, the director of Chabahar Free Zone Organization.

  • EghtesadOnline: Eighty-six industrial plants increased their production by more than 100% during the 10 months to Jan. 19 compared with the corresponding period of last year, says Deputy Industries Minister Saeed Zarandi.

  • EghtesadOnline: Iranian aluminum producers had a total output of 364,783 tons of ingots during the first 10 months of the current Iranian year (March 20-Jan. 19) to register an 85% rise compared with the corresponding period of last year.

  • EghtesadOnline: A total of 40,400 tons of red meat were produced in Iran during the month ending Jan. 19 to register a 38% rise compared with the similar month of last year.

  • EghtesadOnline: Nomads have produced a record high of 200,000 tons of red meat in the current Iranian year (started March 19, 2020), which account for 25% of Iran’s total red meat output, the head of Nomadic Affairs Organization said.

  • EghtesadOnline: Iran registered the highest growth in steel output among the world's top 10 steel producing countries in 2020.

  • EghtesadOnline: Majlis Joint Commission, a parliamentary body responsible for reviewing the budget bill as well as the five-year economic development plans, has put forth a bill that would reduce tax on production from 25% to 20%.

  • EghtesadOnline: A total of $40 million worth of apparel were exported from Iran during the first seven months of the current Iranian year (March 20-Oct. 21, 2020), according to the deputy head of Textile and Apparel Production and Exports Union.

  • EghtesadOnline: Iranian carmakers have implemented a double-pronged strategy to curb their reliance on foreign suppliers: expanding ties with local tech firms and academia, as well as collaborating with armed forces.