Mohammad Reza Saeedi, “Jam has the potential to play a key role in both petroleum product development, market development, variation, and the market.”
Jam Petrochemical Company is planning to become the largest polymer producer in the country, which requires the hard-working of the group. It can anticipate that investment and entrepreneurship in downstream of petrochemicals appear when there is enough motivation to address these issues. Petroleum Ministry can provide this motive in various methods. First of all, the company should regard that petrochemical units in the country are currently receiving Ethane as feed at prices above the global. The $80 gap between the prices of this feed at the country and abroad reduces the profit of petrochemical plants, so affecting competitiveness in global markets.
At the time of the delivery of the feed, the amount must be settled with the upstream company within one month as petrochemical products are sold domestically and internationally. Therefore, if policy-making is concerned with the development and fulfillment of the value chain in products, policy-makers must also meet its requirements. The company has a particular plan in the capital market in the coming months to make up for the shortcomings of the stock exchange. Capital market data informs via codes soon that is evidence of Jam's continuing petrochemical activities.