Synthetic Fibre Raw Materials Production (MFMP) to Start a Sodium Benzoate Plant on 22 November, With Estimated Annual Revenue of 165 Billion Tomans

In a group A material disclosure on Codal (a correction, filed 11 November 2026 (20 Aban 1405)), Synthetic Fibre Raw Materials Production Company (MFMP) said its sodium benzoate production project will come into operation on 22 November 2026 (1 Azar 1405). Work on the project began on 23 September 2025 (1 Mehr 1404) and ran for 14 months.

The nominal capacity of the product is stated at 500 tonnes and the practical operating capacity at 330 tonnes. The company estimates annual product revenue at the declared capacity at about 165 billion tomans.