Iranian Petrochemical Plants Halt Production Amid Heavy Rains, Flooding, an Industrial Info Market Brief
Attachment: Iran
Heavy rainfall and widespread floods have caused serious damage to provinces in Iran and forced many petrochemical operators to shut down their plants. Industrial Info is keeping an eye on the situation and is tracking seven related offline events in the region. The shutdowns are expected to continue for one month, with the resumption of production in the first week of May. Polyethylene prices have risen in China and Turkey due to the outages. Click here for the list of outages.