The strategic implementation of credit offerings for petrochemical
products has been initiated to infuse capital into the operational cycles of
supplementary industries. The strategy also seeks to revive stagnant and
underutilized production units due to liquidity shortages. Moreover, it aims to
promote job creation, retain existing employment opportunities, and align with
the policies of the National Petrochemical Company during the thirteenth
The credit offering for petrochemical products commenced in December
of the previous year and has experienced steady growth. By the end of the last
fiscal year, more than 4 trillion Tomans of credit offerings had been executed
on the stock exchange.
The figures for the months of Dey and Bahman in the year 1401 were 4
trillion Tomans and 5.7 trillion Tomans, respectively.
The upward trajectory of credit offerings for petrochemical products
continues this year as well. In Farvardin (March), it reached 3.3 trillion
Tomans, followed by 5.6 trillion Tomans in Ordibehesht (April), and 5.8
trillion Tomans in Khordad (May). Finally, in Tir (July), a new record was
established with 6 trillion Tomans worth of credit offerings on the commodity
According to the report, it is anticipated that the trend of credit
offerings will further escalate in the coming months. All petrochemical
companies are aligned with the value chain completion strategy and are striving
to fulfill the needs of supplementary industries.