Arvand Petrochemical Company announced in a statement on Kodal that the chlor-alkali unit and the ethylene dichloride unit have resumed operations. According to the statement, both units have been in production since September 29, 2021, at 30 percent of their nominal capacity, and the financial effects of the suspension of these units' operations have already been included in the company's budget.
The head of the National Petrochemical Company announced: The implementation operations of the West Islamabad Petrochemical Project, which had been suspended since March last year due to the circumstances arising from the imposed war, have resumed.
Arvand Petrochemical announced in a Kodali announcement that the company's production activities will be suspended from August 21, 2026; a suspension that was implemented following the notification of the National Petrochemical Industries Company and in line with the management of electricity consumption in the Mahshahr region. Arvand announced that due to power restrictions and outages, all production activities of the company have been suspended until further notice and the time for production to resume depends on the resumption of electricity.
In response to shareholders' questions, Ghadir Petrochemical announced that the company's production until the end of this year and next year depends on the amount of feed received from Arvand Petrochemical, and that EDC supply from other sources, including imports, is in progress. Ghadir also announced the possibility of the country's PVC supply returning to pre-war levels if electricity costs decrease, and announced the current chlorine price at about 570,000 rials per kilogram.
Ariasassol Petrochemical Company announced in a press release that the olefin unit has returned to production at 70% capacity. According to the company's announcement, the light polyethylene unit has been taken out of production due to limitations in the provision of ancillary services and performance priorities.
The CEO of Tavanir Company announced: The Damavand Petrochemical Company's power outage on August 8 was carried out after the complex's consumption exceeded its authorized capacity and the automatic operation of network protection equipment, with the aim of preventing instability and wider blackouts in the region.
A member of the Energy Commission of the Islamic Consultative Assembly said: This commission, in cooperation with other specialized commissions, will specifically follow up on the issue of financing, equipment, and removing obstacles to the reconstruction of damaged petrochemical units.
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.
