60% increase in credit supply of petrochemical products in Iran

According to Energy Press, Abbas Gholami, the director of the development of downstream industries of the National Petrochemical Industries Company, said at the first national conference on the credit supply of petrochemical products, saying that the biggest problem of the complementary industries is the provision of working capital, which is normally used from bank facilities in the country. Credit helped to solve this challenge.

He stated: The credit supply of petrochemical products has increased by about 60% in the first 2 months of 2024 compared to the same period last year.

The director of the development of downstream industries of the National Petrochemical Industries Company, referring to the cooperation of petrochemical companies in the credit supply of products, added: “The petrochemical industry has shown with this action that it fully believes in the policies of the Supreme Leader in the field of preventing crude oil sales, and this industry is the flagship of preventing crude oil sales.”