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Iran Plast Exhibition Hosts Workshop on Petchem Financing

Iran Plast Exhibition Hosts Workshop on Petchem Financing
(Tuesday, September 19, 2023) 11:28

TEHRAN (NIPNA) -- A workshop on financing the petrochemical industry in various sectors was held on the sidelines of the 17th Iran Plast International Exhibition, where investors and petrochemical companies learned about the banking services available in the energy, foreign exchange, international and capital markets.

The workshop titled "Financing by Bank Tejarat in Various Sectors of Petrochemical Industry" introduced the financing chain in the petrochemical industry and the banking services in the commodity exchange and energy market, foreign exchange and international market and capital market, and answered the questions of representatives of petrochemical companies on how to receive banking services from Bank Tejarat.

The workshop announced that one of the reasons why banks have not entered the financing chain sector in the petrochemical industry is that they are not familiar with the conditions of the petrochemical chain and the market and cannot adapt their processes according to the market and trade conditions. This is while entering this sector would help companies solve their liquidity problems by financing the chain.

The 17th Iran Plast International Exhibition, which started on Sunday (September 17) with the approach of developing the value chain, supporting domestic production and boosting domestic manufacturing at Tehran Permanent International Fairground, will run for four days.

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