The Deputy of the Commodity Exchange of Iran, during a visit to Tabriz Petrochemical, considered the diversity of the product portfolio and the position of this complex in meeting the needs of downstream industries in the northwest of the country as important capacities and emphasized strengthening the interaction between the petrochemical industry and the capital market.
Visit to Tabriz Petrochemical and Examination of Its Capacities
Dr. Ali Foroutan, the Deputy of the Commodity Exchange of Iran, along with the deputy and several managers of this exchange, visited Tabriz Petrochemical, toured the production sections and development projects of the complex, and became familiar with the operational capacities, production and sales status, and development plans of the company. At the beginning of this program, the Commodity Exchange delegation paid their respects to the martyrs at the memorial of the unknown martyr at Tabriz Petrochemical.
Based on its performance in the year 1404, Tabriz Petrochemical was introduced as the "exemplary unit of petroleum products of the year" during the commemoration ceremony of the Industry, Mining, and Trade Day of East Azerbaijan. Dr. Seyed Noorollah Mirashrafi, the CEO and Vice Chairman of the Board of Directors of Tabriz Petrochemical, during this visit, explained the production and sales status of the company, stating: "The diversity of Tabriz Petrochemical's products, its position in the northwest, and its connection with downstream industries have made this company one of the important links in the supply chain of raw materials in the region."
Actions to Maintain and Sustain Production
Mirashrafi also provided a report on the actions taken to maintain and sustain production under wartime conditions, adding: "In these circumstances, continuity of production requires simultaneous management of feedstock and inventory, procurement of strategic parts and items, readiness of repair and operational units, risk management, and increasing the preparedness of operational and safety teams." He emphasized: "Alongside the continuity of production, process stability, equipment reliability, and adherence to process safety and HSE requirements have been the main priorities of the company."
The Deputy of the Commodity Exchange of Iran also pointed out the capacities of Tabriz Petrochemical, stating: "The diversity of production at this complex is very important for the value chain and downstream producers in the region, and its continued operation can play a significant role in supplying raw materials for complementary industries." Foroutan also emphasized the development of cooperation between the commodity exchange and manufacturing industries, adding: "The offering of products in the official market network, in addition to transaction transparency and price discovery, can make the connection between upstream and downstream petrochemical producers more cohesive and make this market more predictable."
Subsequently, the development plans of Tabriz Petrochemical, programs for increasing productivity, and the capacities for developing the company's value chain were examined. At the end of this program, coinciding with the commemoration of Safety and Firefighting Day, the HSE manager, the Chief Safety and Firefighting Officer, and the heroic firefighters of Tabriz Petrochemical were honored.
This visit aimed to strengthen the interaction between the petrochemical industry and the capital market, examine production and development capacities, and deepen connections with downstream industries.
Read more: Nehbadan Petrochemical can become the MDF hub of the east of the country · Export route pressures on Saudi SABIC petrochemicals
