Hassan Abbaszadeh, Deputy Petroleum Minister and Chief Executive
Officer of NPC, said recovery programs launched immediately after the
disruptions have enabled a significant portion of affected capacity to return
to operation.
He added that a two-month recovery plan is currently underway, with
the first phase scheduled for completion by the end of Khordad.
Abbaszadeh said parts of the petrochemical industry were affected by
damage to gas-processing facilities, utility infrastructure, and
power-generation assets supplying electricity and steam to production
complexes. Some petrochemical units also experienced direct operational
disruptions, resulting in temporary production outages.
According to NPC, recovery committees were established shortly after
the incidents to coordinate restoration activities, maximize the use of
available infrastructure, and secure electricity and utility supplies from
existing industry resources, power plants connected to the national grid, and
energy-market mechanisms.
The company said the primary objective of the recovery effort has been
to ensure the supply of raw materials for domestic industries and downstream
manufacturers while gradually restoring production capacity.
Abbaszadeh noted that petrochemical product availability has increased
in recent weeks, contributing to lower levels of competition on commodity
exchanges and improving market stability. Additional production is expected as
more facilities resume operations following reconstruction and rehabilitation
programs.
He added that inventory monitoring and market oversight measures have
been strengthened to support the availability of petrochemical products and
improve supply conditions for end users.
The NPC chief also outlined contingency planning measures developed
following previous crisis-management experiences, including the identification
of priority products and producers, emergency production arrangements among
petrochemical complexes, and the establishment of strategic inventories for key
materials.
According to Abbaszadeh, the polyethylene production chain remained
operational throughout the disruption period. While concerns initially emerged
among downstream manufacturers regarding future feedstock availability,
increased production from unaffected facilities and the release of inventory
stocks helped support market supply.
“Today, the polymer and plastics market has reached a satisfactory
level of stability,” Abbaszadeh said, adding that production of some products
currently exceeds domestic demand.
He noted that temporary export restrictions were introduced after the
ceasefire to prioritize domestic supply. However, export approvals have since
been reinstated for products with surplus inventories, while restrictions
remain in place for products facing tighter supply conditions.
NPC reported that two major petrochemical complexes resumed production
during the current week, with additional facilities expected to return to
operation in the coming weeks, further supporting market balance and supply
availability.