Iran Coordinates Petchem Supply to Support Downstream Industries

Iran Coordinates Petchem Supply to Support Downstream Industries
(Wednesday, October 14, 2026) 21:13

TEHRAN, Oct. 13 (NIPNA) — Coordination between Iran’s Industry Ministry, the National Petrochemical Company (NPC) and the Iran Mercantile Exchange has helped manage demand for petrochemical feedstocks and maintain supplies to downstream manufacturers despite damage to domestic production capacity, a senior official said.

Parvin Nabati, director general of the Industry Ministry’s Chemical and Polymer Industries Office, said a significant portion of the petrochemical capacity lost following attacks had returned to operation by October.

The three institutions effectively formed a joint operational command to manage the emergency, Nabati told NIPNA, the petrochemical industry news service. The ministry oversaw demand management and allocation quotas for downstream industries, petrochemical producers managed feedstock supplies and market offerings, and the exchange provided a transparent platform for transactions.

Without this coordination, Iran would have struggled to navigate the crisis and avoid widespread interruptions in downstream production, she said.

Import measures ease feedstock shortages

Nabati said imports had become an essential complement to domestic supplies as production declined. Under an April 2026 resolution by Iran’s Market Regulation Headquarters, registration applications for imports under designated tariff codes were exempted from foreign-exchange allocation reviews and currency-optimisation permits.

Imports of three polymers facing market shortages — polyethylene terephthalate (PET), polyvinyl chloride (PVC) and polypropylene (PP) — were also authorised, she said.

Authorities further permitted imports of petrochemical and polymer products through kolbari and malvani trade channels, which facilitate cross-border and maritime trade in designated areas. Importers were also allowed to use all foreign-exchange sources to procure raw materials under the relevant tariff codes.

The measures were intended to accelerate imports and keep downstream supply chains operating with minimal disruption, Nabati said.

Industry associations urged to monitor markets

Nabati called for a greater role for industrial associations in tracking production and consumption, identifying supply-demand imbalances early and submitting data-based recommendations on export channels.

She said these organisations could help policymakers make better-informed decisions while protecting the interests of genuine manufacturers.

The official praised companies that maintained production and employment despite difficult conditions, adding that the ministry would continue working within its authority to address logistical obstacles and manufacturers’ needs.

Nabati expressed hope that continued reconstruction and the recovery of petrochemical capacity would bring a substantial portion of lost output back online by the end of the year, improving conditions for Iran’s polymer industry.

 


Email is required
Characters left: 500
Comment is required