Fundamental analysis by بورس24 | Bourse24 about Stock پترول on 9/16/2025
#Petrol Assembly Report of Urmia and Ilam Petrochemical Status The bidding for the purchase of chemical fertilizer, which is provided exclusively from the company, was delayed by the end of September and has resulted in the winning of the Urmia Petrochemical Company. This delay, due to the lack of export for this product, has put additional pressure on the company's working capital. In the export product sector, legal barriers continue to affect the export of potassium sulfate. However, the PE production project has been put into operation but has not yet been completed and part of its main equipment is on the delivery route. The company's new management is trying to increase the company's foreign exchange earnings by accelerating the installation of these equipment and developing export markets. Also, domestic demand for products, especially chloride polyalloma, is growing. 📌 Despite its high technical capacity, the company faces a serious challenge for foreign exchange debt. The debt is estimated at about $ 1.5 billion, mainly due to foreign exchange facilities and feed costs. Despite providing € 5m and freeze, part of the debt with the support of the Persian Gulf Petrochemical Group, the pressure from exchange rate fluctuations and feed restrictions remain. Reports show that Ilam's upstream gas has been able to supply about 5 % of the pledge feed, which has taken serious risk of repaying the company's foreign exchange debt. Measures such as reducing flaring and increasing production have been among the recent achievements of the collection, which is expected to reduce some of the operational problems with the continuation of this process. @Bourse24ir