News ID: 104
Date: Saturday 9 September 2023 - 20:37

CEO of Padjam Polymer Development Company:

Padjam is no longer a cancerous tumor in the projects of the Department of Labor/saving several billion dollars for the benefit of retirees

Padjam is no longer a cancerous tumor in the projects of the Department of Labor/saving several billion dollars for the benefit of retirees
Dr. Najafi Ardakani, CEO of Podgem Polymer Development Company, said: Today, this large company is not facing any problems in the field of engineering and product supply, and this company is no longer a cancerous tumor among petrochemicals.

According to Energy Press, Dr. Najafi Ardakani, in his expert meeting with the launch team of this company, referring to the importance of this project in reducing the imbalance of the country’s pension fund, said: “Today, we are happy that in the eyes of the managers of the ministry, stakeholders and regulatory bodies, this huge economic plan It has come out of the deadlock and confusion and has been placed on its fundamental track.

He stated: Currently, there is no tension between the contractors and Padjam Polymer Development Company, while we managed to conclude our approved feed contract with Pars Petrochemical after 13 years. He added: We have not held a single limited tender in the past 6 months, and despite the long procurement process, all tenders are followed according to their legal and principled procedures.
Najafi Ardakani continued by emphasizing the goal of launching this project: We will not neglect any measures to speed up the process of receiving goods (even for 1 day) because launching this project one day earlier will lead to an increase in the income of Saba Energy Investment Company. And finally, the disparity of the national pension fund will be reduced.
The CEO of Padjam Polymer Development Company explained the situation of the overdue goods and said: Before the new management team came to work, we had 45 packages of goods with Jundishapour Company, 17 of which were final and the rest without any adjustment or payment of damages to the vendor or supplier. It is finalization and with the conclusion of a tripartite contract, we will no longer have goods with Jundishapur, and out of the 17 finalized packages, 8 priority packages related to the 5000 line have entered the site, and the rest will be entered within the next month, when the ownership of the received goods will be transferred. It is in progress at the same time.
Explaining the damage caused by the late ordering of long-term project items, he noted: the drying package as an essential item should have been ordered 10 years ago at a price of 9 million euros, which was done with measures and despite the increase in salary, wage and metal inflation in In the euro area, we managed to finalize the price, with a saving of 3 million euros compared to the price of this product in October 1401.
He added: Almost 75% of the original amount of the drying package contract was in the form of a company guarantee, which we were able to convert into a bank guarantee in terms of a 24-month guarantee, which is being finalized.
Najafi Ardakani said: Obtaining a 3D model of the site worth 5.5 million euros, canceling the 1200 billion tomans startup contract and using the expertise of the technical team of Padjam Polymer Development Company, which recently launched two preliminary units by the same technical team. Accepted, use of domestic capacity in the matter of supply of goods, resumption of offsite and Styrene Park executive operations after 20 months of 100% suspension, 500 million euro lawsuit, termination of 12 million euro control system contract and finalization of purchase in the coming months, including It is the measures taken and followed in order to fulfill the rights of the shareholders.
In the end, he appreciated the efforts made by the launch team by preparing some pre-requisite units for the launch, and appreciated their efforts as the most dynamism of Padjam Polymer Development Company.

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