The Downstream Petrochemical Industries Development Management
reported that the total value of credit sales in commodity exchanges increased
by 40 percent, reaching nearly 104 trillion IRR in June 2024. This figure
represents a notable rise from the 58 trillion IRR (5.8 hemats) recorded in
June of the previous year.
The CEO of the National Petrochemical Company expressed gratitude to
all industry workers for their efforts in advancing the credit sales of
petrochemical products. He noted that in the first two months of this year, 140
trillion IRR worth of petrochemical products were offered in the capital
market.
Shahmirzaei described the credit sales of petrochemical products as an
economic jihad, emphasizing that the sustainable supply of raw materials needed
by downstream units is crucial for realizing a significant production leap in
the country. He asserted that credit sales of products are the most effective
way to achieve this production boost.
He further stated that investments in the country's petrochemical
industry must be completed and become productive. To this end, the National
Petrochemical Company is actively and diligently working towards the completion
of petrochemical projects.