Special Ambassador of Social and Communication Responsibility Badge: Presented to Mr. Mahan Shojaei, Director of Public Relations and International Affairs of Shiraz Petrochemical Company.
Shazand Petrochemical Company, through its positive performance and the efforts of its management team and employees, was upgraded from the second market to the *First Market Board of the Stock Exchange*—an achievement considered significant for “Sharāk.”
Kharg Petrochemical Company has taken a new step toward securing a sustainable feedstock supply, reducing flaring, and increasing the efficiency of the country’s gas resources by joining joint flare gas collection projects with the Iranian Offshore Oil Company.
Kharg Petrochemical’s sulfur production tripled after the overhaul and reconstruction of the sulfur unit. The increased production capacity could generate more than $50 million in new annual income for the petrochemical complex.
Most of our profit came from the type of sales, not from foreign-currency translation or an increase in the exchange rate, because an increase in the exchange rate directly affects the increase in feedstock prices, and approximately 80 percent of our cost of goods sold is attributable to feedstock prices.
The design of this project with a *Zero Waste* approach, while properly managing waste and industrial sludge, is considered an effective step in reducing environmental impacts.
Shiraz Petrochemical company, in its quarterly report for the period ending spring 2026, , with 19% growth in operating income and a 99% surge in net profit, showed that improved profit margins and cost management have played an important role in enhancing the company’s profitability.
The company’s net profit rose from 274 billion tomans in last fiscal year to about 3.4 thousand billion tomans in 2025-2026. This means the company has increased its profitability by 1,130%.
The performance forecast report of Shiraz Petrochemical shows that the company’s sales in fiscal year 2026-2027 will reach 828.9 thousand billion rials and net profit will reach 221.6 thousand billion rials. Also, EPS will increase significantly to 14,482 rials, although profit margins will experience a slight decline.
The collection of these achievements paints a clear picture of the future of Kangan Petro-Refining Holding; a future built on innovation, infrastructure development, and completion of the value chain, protection of the environment, job creation, and prevention of waste of national resources, increased efficiency, and wealth creation for the country.