Gholami emphasized that the credit supply of
petrochemical products accounted for 34% of the total commodity supply on the
commodities and energy exchange market during the mentioned period.
"The overall value of petrochemical product
credit supply surpassed 7.1 trillion Tomans within the specified time
frame," Gholami stated.
Highlighting the continuous revitalization of
production units, Gholami emphasized the National Petrochemical Company's
encouragement for petrochemical companies to engage in credit supplies.
He further detailed, "Various petrochemical
companies and holdings are actively participating in this national strategy
aimed at completing the value chain. Persian Gulf Petrochemical Industries Holding
Company, TAPPICO Holding, West Holding, and Parsian Holding had credit sales of
46%, 36%, 30%, and 28%, respectively. Petro-Farhang Holding has yet to initiate
any credit sales."
According to data, the credit supply of
petrochemical products surged in recent months, showcasing a substantial
increase from 3.2 to 7.2 million Tomans from Farvardin (March-April) to the
beginning of Aban (October-November).
Addressing the hurdles faced by auxiliary
industries in obtaining cash and circulating capital, the National
Petrochemical Company has strategically provided over 41 trillion Tomans of
credit supply to downstream petrochemical industries from Farvardin to early
Aban of the Iranian year 1402 (2023-2024).
This surplus credit supply, beyond the
revitalization of industrial units, has accelerated the development of final
products, created maximum value-added, and significantly contributed to
increased employment opportunities in the country's petrochemical sector.