Fanavaran Petrochemical Company exceeded this year’s projected budget by recording 179,024,407 million rials in operating income in the 11-month period ending February 2026; this figure represents a growth of about 35 percent in operating income compared to 132,651,857 million rials in the same period last year, indicating a continuation of the upward trend in income generation for this listed company.
According to the monthly performance report published on the Kodal system, Fanavaran Petrochemical Company has achieved operating income of 179 trillion rials in the first 11 months of the current fiscal year, which has registered a significant increase compared to the same period last year. This revenue growth has occurred while the company has faced unpredictable challenges this year, including the consequences of the 12-day war and the subsequent production shutdown.
Following this incident, and despite the company’s production operations being halted for major oerhaul, the imbalance of CO2 and natural gas feed, operational management, and production planning resulted in the company’s total 11-month production reaching approximately 954,000 tons.
Operational estimates indicate that with the current production trend continuing in March, the company’s annual production will exceed one million tons, a move that could cement Shafan’s position among the major petrochemical producers and bolster the company’s revenue streams by the end of the fiscal year (21 March 2026).
