Abbas Gholami, the Director of Downstream Industries Development at
NPC, revealed that petrochemical complexes operating in the country's commodity
and energy exchange markets allocated around 6.5 trillion rials in credit
during Esfand.
Highlighting the ongoing efforts to revitalize production units,
Gholami emphasized NPC's encouragement of petrochemical companies to extend
credit lines for their products.
"The total amount of credit sales in both the exchange markets
and direct sales constituted 53% and 28% of the total, respectively,"
Gholami stated.
The credit allocation trend witnessed a significant surge from
Farvardin, where it stood at 3.2 units, to Esfand (the 12th month in
the Persian calendar), reaching approximately 6.5 units, according to data
provided by the NPC. This increase reflects the concerted efforts to overcome
production hurdles and ensure the availability of liquidity and capital for
downstream industries in the petrochemical sector.
NPC's strategy aims not only to revive industrial units but also to
accelerate the development of final products, maximize value-added, and boost
employment opportunities across the country.
The substantial credit expansion underscores the pivotal role of the
petrochemical sector in driving economic growth and fostering industrial
development in Iran.