Arya Sasol Polymer Company (ASPC) has succeeded to receive the plaque of honor and golden statue of the third meeting of the oil industry’s Corporate Social Responsibility (CSR) here on Wednesday. According to the public relations department of the company, the plaque of honor and golden statue of the third meeting of the oil industry’s CSR was awarded to the Arya Sasol Polymer Company (ASPC) for its useful efforts put into the society, and environment particularly its eco-friendly plan to protect Nayband National Park, which is the largest nature reserve in Iran, and houses an unbelievable degree of biodiversity. The third CSR meeting of the country’s oil industry was held at the Research Institute of Petroleum Industry, in the capital city of Tehran on July 18-19, 2017 with the participation of Iranian Oil Minister Bijan Namdar Zanganeh, the country’s high-ranking officials and exports actively involved in the industry and social responsibility.

Arya Sasol Polymer Company (ASPC) has succeeded to receive the plaque of honor and golden statue of the third meeting of the oil industry’s Corporate Social Responsibility (CSR) here on Wednesday.

A Gold Statue for Arya Sasol Polymer Co.

Arya Sasol Polymer Company, ASPC, is now among the largest companies by the Market Cap in Iran.This comes as the market value of the company hit a new record after it successfully entered the financial range of $ 4.62 Billion. With the current achievement, Arya Sasol Polymer Company, carrying the symbol of “Arya,” has turned to be the 16th largest company by the Market Cap in the country. Additionally, this new leap by the ASPC provides the faithful stakeholders of the company to enjoy significant returns. Arya is the most profitable petrochemical in the country with an annual production of about 2 million tons of ethylene and various types of polyethylene. As one of the leading companies of the country’s Market Cap., ASPC is also one of the major producers of ethylene and polyethylene in the Middle East region with a global reputation.

Arya Sasol Polymer Company, ASPC, is now among the largest companies by the Market Cap in Iran.

Arya Now Among Largest Iranian Companies by Market Cap

Arya Sasol Polymer Company unveiled two new grades of High-Density Polyethylene (HDPE). The achievements were made public during the company’s third consecutive successful presence at the International Exhibition of Iran Plast. The new HDPE grades include HEX4460-PE80+ and HBM5510. Arya Sasol says that the HEX4460 PE80+ grade with 1-hexene comonomer can be used for the production of polyethylene pressure pipes for irrigation and water supply purposes. Thanks to its unique 1-hexene comonomer, HEX4460 PE80+ can be regarded as country’s top grade in PE80 family products in terms of crack resistance properties (ESCR) of SCG and RCP, the unit said. It added that HBM5510 as the next grade in place can be used for producing large blow molded parts (i.e., drums). The HBM5510- oriented products are appropriate for the shipment and storage of hazardous chemical and acidic liquids, the petrochemical unit noted.During the four-day event of the 14th International Exhibition of Iran Plast (07-10 February,2021), Arya Sasol Polymer Company applied strict control over the implementation of the regulations instructed by the health ministry of Iran on fight against the Covid-19. Due to the pandemic, only managers, businessmen and experts are allowed to participate and visit the expo. The distinctive feature of this year’s edition is an online exhibition, which was held concurrently with the physical exhibit. In the last period, Arya Sasol, as a company with the highest credit rating (-AA) in Iran, unveiled a new product; the polymeric fuel tank for the automotive industry. Arya Sasol is the first Iranian company which has managed to manufacture this product all in accordance with the national standards advised for the automotive industry.With 13 years of experience, Iran Plast is one of the largest and most important exhibitions in Iran in the fields of raw materials, machinery and molds, as well as auxiliaries and services for plastics and rubber industries. It is also one of the major exhibitions in the Middle East and Asia. More than 200 domestic and 250 foreign companies attended the 14th International Exhibition of Iran Plast. The exposition is held annually in Tehran International Exhibition Center with the aim of linking the petrochemical industry and enterprises. It also seeks to provide a basis for the development of this domestic industry section through paving the way for it to develop its presence in international markets. Starting in 2002, the expo had witnessed the presence of a total number of 7400 national and international enterprises during the last 13 periods of display. The exhibit was organized and held for the first time by the National Petrochemical Company of Iran (NPC).Currently, Iran manufactures less than 40 million tons of petrochemical products. The country plans to ramp up its output to 133 million tons a year by 2022, raising its annual revenue to 33 billion dollars. Iran’s petrochemical exports have been restricted under the US sanctions. Iran says that this has been a chance to use raw material inside the country to produce products with higher added value. This also fits with Tehran’s view of the petrochemical industry as one of the major escape routes from an oil-based economy.

Arya Sasol unveils new grades of HDPE at 14th Int’l Expo of Iran Plast