Unemployment and closure in the ambush of paint and resin industries / Determining the task of limiting the supply of styrene monomer and terephthalic acid in the coming days

The resin and composite paint industry has been grappling with a major challenge for some time, and that challenge is the lack of supply of the two main and most widely used materials in the industry; Styrene monomer is one of these two materials, which constitutes about 40% of the country’s resin paint solvent, and many industries are dependent on it, and if it is not supplied, all related industries will face the risk of closure or downsizing. As activists sought to resolve the styrene monomer issue, news of a terephthalic acid supply restriction from next year doubled their concerns; As the restriction of supply of these two substances is a serious threat to downstream petrochemical industries and the activities of these industries will be exposed to a serious risk. According to many industry activists, power outages in many factories will occur in the near future if this situation continues. Eqtesad Online has talked to Mohsen Safdari, Director General of Non-Metallic Industries of the Ministry of Silence. Mohsen Safdari, while confirming the supply limit of these two materials, said: Monomer has only one producer and now the issue of supplying raw materials needed by petrochemical complexes for the production of polystyrene has been raised and we had a letter from the Ministry of Oil regarding feed supply. Kurds will no longer be able to support other industrial units due to the lack of production and supply of this material. Regarding the deficiency of terephthalic acid, he said: “Tondgovian Company uses this substance to produce its polyethylene terephthalate and has recently stated that this terephthalic acid will only be responsible for our needs.” According to the Director General of the Non-Metallic Industries of the Ministry of Silence, the shortage of these two substances will cause problems for the resin paint industry, and many industries will face the risk of unemployment and even closure. Safdari in response to the question whether it is possible to import if terephthalic acid and styrene monomer are not supplied? He added: to import one of the petrochemical complexes that produces this product must enter and our preference is that the petrochemical complexes themselves, namely Pars Petrochemical Company for styrene monomer and Shazand Petrochemical Company for terephthalic acid to import and at a combined price Offer them on the stock exchange for all buyers. In the end, he emphasized: in the coming days, in a meeting with the presence of the Deputy Minister of Industrial Affairs, the General Manager of the Non-Metallic Office, the National Petrochemical Company and other stakeholders, the issue of supply restrictions for these two materials will be resolved.