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Petrochem Industry's Concentration on Exports Questioned

Exporting Raw Materials Put Domestic Firms in Trouble Exporting Raw Materials Put Domestic Firms in Trouble

Close to 60% of plants that receive feedstock from petrochemical units have shut down and the rest are working at 30% capacity due to lack of raw materials, a board member of the Iran National Plastic and Polymer Industrial Association said.
"Exporting raw material is a top priority for the petrochemical sector. But as the old saying goes 'charity begins at home', providing domestic companies with the much-needed materials should be given higher priority," Mohsen Safaei told ILNA.
Most, if not all, of the difficulties are rooted in poor management and not lack of materials, he stressed.

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