Shapadis Reports 85 Percent Growth in 9 Month Operating Profit; Feedstock Gas Price Letter Sent to Six Petrochemical Firms

According to Ecoiran, Petrochemical Pardis (Shapadis) published supplementary disclosures on Codal on Saturday, August 15, 2026 (24 Mordad 1405), regarding its financial statements for the nine months ending June 21, 2026 (31 Khordad 1405), showing operating profit grew 85 percent in the period. The company attributed the growth to a 23 percent rise in export urea sale prices in global markets and a 56 percent rise in the foreign exchange conversion rate applied to its export sales.

The same day, six petrochemical companies, Shelrad, Shiraz, Pardis, Kermanshah, Khorasan and Fanavaran, each filed separate disclosures on Codal saying they had received a letter from the Oil Ministry's planning deputy setting out the price of light, sweet feedstock gas for petrochemical plants and the industrial fuel gas rate for the year 1405.