Decline in chemical industries products

Economy & Aftermath

Terrorist acts and the unfair economic sanctions targeted the Syrian peoples  livelihood and resources, have directly contributed to a big decline in production of many Syrian industrial companies and institutions especially the General Establishment for Chemical Industries.

The production in 2012 reached a value of S.P 5, 8 million according to 2011 figures and that the establishment sales reached S.P 8,455 billion representing only 45% of the planned sales for 2011 which was estimated at 18, 7 billion SP , according to the Establishment production report.

The Establishment stocks were priced at 1, 6 billion S.P. by the end of 2012, receded to 213 million S.P.

The report referred to the difficulties in implementing the plans resulting from the emergency conditions in the country and the obstacles that hinder the process of product marketing, including difficulties in electricity power supplies, transporting necessary row materials and commodities.

   Khaled falhoot

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