Iran Petchem Firm Localizes Key Textile Tool

Iran Petchem Firm Localizes Key Textile Tool
(Monday, June 14, 2021) 13:42

TEHRAN (NIPNA) -- Shahid Tondguyan Petrochemical Company has been able to localize the production of the industrial textile keyboard machine that it previously imported from the German company Barmag.

This move, not only prevented the outflow of currency from the country, but also reduced the item’s production cost to one-sixth of the foreign sample.

According to the company, four memorandums of cooperation were signed between the company and four production companies based in Mahshahr region, in the southwestern province of Khuzestan, on the sidelines of the first "Exhibition of Empowerment and Support of Regional Companies in Meeting the Needs of Mahshahr Petrochemical Companies".

Seyed Reza Ghasemi Shahri, the CEO of Shahid Tondguyan Petrochemical Company, said: "For the manufacturing companies in the region that operate with science and knowledge and their products are well competitive with similar foreign companies, bonuses should be considered so that we can facilitate working with them."

It is worth mentioning that in the absence of any of these parts, no textile machine will be able to set up and produce yarn. Also, the number of existing and active machines in the petrochemical textile unit of the company is about 140, which is currently cooperating and signing a memorandum with Sadat Sanat Mahshahr.

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