According to the Trade Development Organization's circular, export bans on chemical, polymer, and petrochemical products were lifted.

The case of Jam Petrochemical's long-standing claims against Mehr Petrochemical was settled by executing a court order, and assets worth about $872 million were transferred to Jam Petrochemical. According to the company's CEO, the benefits of this action will go back to the assets of the country's pensioners.

Lordegan Petrochemical announced the restart of ammonia and urea units; an event that took place on June 19, 2021, and shows that this complex has returned to the production cycle after a halt.

The CEO of Bandar Imam Petrochemical Company announced that the reconstruction and renovation of the steam power plant of this complex is underway at an accelerated pace, saying: "The production units of Bandar Imam will soon be operational."

Pardis Petrochemical announced the restart of Phase 2 of production and announced that Phases 1 and 2 of the company are currently in production at 60% capacity; a return that, although considered positive, is still far from full production levels.

The Iranian methanol production catalyst was used under license from the Petrochemical Research and Technology Company with successful performance in accordance with international standards at the Kaveh Petrochemical Complex.

The Deputy Minister of Oil said: "Export permits were issued for some of the products that have surplus production and warehouses are full of them."

The Director of Downstream Industries Development at the National Petrochemical Industries Company announced the improvement in the supply of raw materials for downstream industries and said: "With the gradual increase in supplies and the continuation of calculating the base price of petrochemical products based on pre-war global rates, the market is on the path to balance."

The CEO of the National Petrochemical Industries Company emphasized the company's support for damaged holdings and petrochemical companies, saying: "Damaged complexes must be reconstructed and put into operation using new technologies."

While no official decision has yet been made on Iran’s sanctions waivers, speculation about the possibility of some restrictions being eased has focused attention on an industry that became one of the country’s most important sources of foreign exchange during the sanctions years: the petrochemical industry. But the big question is whether any potential waivers would only pave the way for exports, or could they also unlock technology, equipment, and investment?