Petrochemical; Strategic industry

According to the available statistics, 3 million 978 thousand tons of various petrochemical products have been traded in the Iran Commodity Exchange until the week ending January 26, which has a 17% growth compared to the same period of the previous year. Has been. This trading figure is the highest level ever traded in the […]

According to the available statistics, 3 million 978 thousand tons of various petrochemical products have been traded in the Iran Commodity Exchange until the week ending January 26, which has a 17% growth compared to the same period of the previous year. Has been. This trading figure is the highest level ever traded in the history of Iran Commodity Exchange in the mentioned period, which is a very important data of strong growth signals in the market and petrochemical products in the country. Of this amount, 2 million and 650 thousand tons are allocated to polymers, which has increased by 11% compared to the same period last year. Also, the trading volume of chemical products in this market has increased by 31% to one million and 325 thousand tons, which indicates the outstanding success of the petrochemical products market in the Iranian Commodity Exchange and this trend will most likely increase again. If in the first step we want to consider the export of crude oil, in the next step is the investment and export of petrochemical products. The product can mean both urea ammonia, methanol and polymers, and ultimately the complementary industries. If we pay attention to the employment phase of this industry, the discussion of complementary industries will be highlighted. In the macroeconomic phase, the currency of this industry is discussed. Therefore, in both phases of the petrochemical industry, there is significant potential, especially in conditions where it is possible to strengthen and develop it. A topic that is considered very important for the complementary industries is polypropylene (PP) centered polymer products along with polyethylene terephthalate (PET) and polyvinyl chloride (PVC). Studies show that there is no particular concern about polyethylenes, but this is not the case with chemical products, especially polypropylenes. Counts; Because the global economic outlook, due to the very wide range of these products, polypropylene is very important. Therefore, on the eve of the National Day of Petrochemical Industry, “World of Economy” talked to Behzad Mohammadi, CEO of the National Petrochemical Company and Deputy Minister of Petroleum, about the recent achievements of this industry and the development plans that are in the development of this industry. Has scrutinized. At the beginning of his speech, Mohammadi addressed the currency appreciation phase of the petrochemical industry and explained the recent successes of the National Petrochemical Company, and then discussed investing in this industry and complementary industries. You can read the details of this conversation below. What is the National Petrochemical Company’s plan for value chain development in widely used products such as urea and methanol? The development of the petrochemical industry in any country leads to economic development and wealth creation. The growth in demand for this industry is also evidence of this claim. Because the growth of demand for crude oil and petroleum products in the world is estimated at less than one percent, but the growth in demand for petrochemical products is between 4 to 5 percent and is even increasing. These data show that as the world consumption pattern is absorbed in this direction, the manufacturing sector needs more development. This process has started in our country with a very smart look. So in this industry, our main goal is to achieve a development that has greater stability, less vulnerability and higher resistance to events such as events these days that are unprecedented. Therefore, we will not pursue a development that merely increases production figures. Because increasing production is considered efficient when it is based on existing needs and considered intelligently. Just as consumer markets have moved away from their traditional space, so should production in the petrochemical industry. Therefore, the quantitative development of production in this industry has given way to qualitative and intelligent development. For example, we currently have a large number of methanol production programs, which in 1404, the production of this product will reach 23 million tons. This amount of methanol production accounts for 40% of the global trade volume of this product. Although this is acceptable, the important point is how long it is possible to create wealth in this way. That is in the situation where the applicant determines the price of the product that we produce. Therefore, it is necessary to move towards the production of more products that, in addition to having a good export market for sale, also have a high price. Due to this, the petrochemical product portfolio has not been expanded in its plans, and the repeatable units of urea, methanol and polyethylene have been stopped here. Instead, we move towards their vertical development. That is, based on very accurate information from competitors, customers and international markets that we face, we have defined a development environment for this industry and we are taking steps to take full advantage of our advantage, which is full access to food. Because our country has no problem due to having oil and gas reserves as feed for petrochemical companies and it is necessary to take full advantage of this advantage. With the right use of food in this industry and using it in the right place, we can definitely pave the way for smart development. Because development is smart when it can help the country’s economy and industry, both in the field of currency and in the field of domestic prosperity. One of the activities that has been done to discuss the development of the petrochemical industry is that whatever was available from petroleum feed