In a session titled "Credit-Based Offering of Petrochemical
Products: A Step Towards Revitalizing Idle and Underused Units," held on
the sidelines of the 17th Iran Plast International Exhibition, Ehsan Yousefi,
an expert in market regulation and support for complementary industries at the
National Petrochemical Industries Company, highlighted the substantial increase
in the offering of credit-based petrochemical products in the commodity
Yousefi noted that the introduction of credit-based petrochemical
products in Iran's Commodity Exchange began in Aban (October-November) of the
previous year. He stated that, in line with the existing directive,
petrochemical companies are required to offer 25% of their production on a
credit basis in the commodity exchange.
"In the year 1401 of the Iranian calendar, a total of 14
consignments of petrochemical products were offered on credit in the Commodity
Exchange. This number has risen to approximately 28 consignments by the end of
this year's Mordad (July-August)," Yousefi revealed.
Emphasizing the government's commitment to supporting domestic
production and completing the value chain of various products, including
petrochemicals, Yousefi stated, "One of the primary policies of the
thirteenth government is to promote domestic production and enhance the value
chain of various products, including petrochemicals."
The 17th Iran Plast International Exhibition, which commenced on Sunday,
September 17, with a focus on expanding the value chain, supporting domestic
manufacturing, and promoting local production, is set to run until Wednesday,
September 20, in the permanent exhibition grounds of Tehran International