Pakchemical: Currency limits & raw material challenges. According to the news site Tolid and Economy (TolidOnline), Engineer Morteza Bisheh, CEO of the Knowledge-Based Pakchemical Company, explained the activities of this complex in the polymer industry on the sidelines of the 18th Iran Plast International Exhibition.
The beginning of Pakchemical’s activity in the polymer industry
Referring to the history of Pakchemical Company, Engineer Bisheh said that Pakchemical, a knowledge-based company, started producing polymer additives about 25 years ago. Today, it ranks among the leading companies in this industry.
Production of polymer additives in the country
He continued: Thanks to the presence of petrochemical companies in the country, conditions now support the growth of the polymer industry. Currently, domestic manufacturers produce most polymer additives, including stabilizers, PVC wax, and related products.
Focus on knowledge-based activities (Pakchemical: Currency limits & raw material challenges)
The CEO of Pakchemical added: “Our team actively engages in a wide range of knowledge-based activities at this complex.”Our goal is to improve the quality of products and develop new technologies in the polymer industry.
Exporting Pakchemical products to international markets
Referring to the company’s export successes, Engineer Bisheh said:. “We export our products, including PVC wax and stearates, to China, Turkey, Dubai, and other Gulf countries.” Currently, plans are underway to increase exports to the Chinese market.”
Challenges of Iran’s petrochemical industry
This petrochemical industry activist said about the challenges in the industry:. “One of the main problems is the lack of communication with scientific and international centers due to sanctions. Also, some raw materials such as stearic acid need to be imported, but the Central Bank’s foreign exchange restrictions and time-consuming administrative procedures prevent easy import.”
He also added: Even in the supply of raw materials from the commodity exchange, we are facing challenges that make the production process difficult.
Evaluation of Iran Plast Exhibition
Expressing his satisfaction with Iran Plast 1403, Engineer Bisheh said: Considering the improvement of the country’s economic environment, this exhibition was held with greater scope and reception this year than in previous years, and provided a good opportunity to introduce domestic capabilities.
The need for international connections for greater competitiveness
In conclusion, the CEO of Pak Shimi emphasized: Competition in the polymer industry requires establishing extensive connections with scientific centers and international markets. This can play an effective role in growth and innovation in the petrochemical industry.
Pakchemical: Currency limits & raw material challenges