In a new revelation, Arvand Petrochemical has announced that after repeated outages, it has barely managed to return to only ۳۰% of its production capacity. This situation has raised serious concerns about the supply and production chain in the country's petrochemical industries.
Major Production Challenges
Ghadir Petrochemical has also mentioned its shutdown in a statement, attributing this crisis to power outages and a lack of raw materials. These two petrochemicals, as the main symbols of the industry, are now in a critical situation that could have widespread repercussions for shareholders and the stock market.
The unfolding dimensions of this crisis highlight the managerial and infrastructural inefficiencies in the country's petrochemical industry. While it was expected that this industry would act as one of the key pillars of Iran's economy, it has now reached a point where it cannot meet its basic needs.
