Persian Gulf Holding, with its massive $2 billion plan to build a 5,000-megawatt solar power plant, is seeking self-sufficiency in energy supply and reducing dependence and pressure on the national grid.
The Director of Economic Development and Investment of the Pars Special Energy Zone Organization described investment in oil and gas projects, transformation industries, and downstream petrochemicals as attractive, saying: "With the completion of infrastructure and transformation industries, many job opportunities will be created in the region."
At the first meeting of the Petrofarhang Holding's Board of Directors in 1404, the CEO of the holding emphasized the necessity of implementing the slogan of the year as Petrofarhang's supreme goal and explained the strategies and major policies for this year.
The CEO of the National Petrochemical Industries Company emphasized diversifying target markets and examining and identifying opportunities and challenges for the development of the country's petrochemical industry in the next 20 years.
The extraordinary general assembly of the Persian Gulf Petrochemical Industries Company agreed to increase the company's capital by 25 Hemat from retained earnings.
The Esteghlal Club held an extraordinary ordinary general assembly and approved the club's financial statements for the year ending July 31, 2024.
The divestiture board made key decisions regarding the divestiture of shares in Persian Gulf Petrochemical Industries at its 430th meeting in the first week of March this year.
The CEO of the National Petrochemical Company said: The total amount of exports from the petrochemical industry in the first 11 months was about $12 billion, of which $9.14 billion was supplied, which is almost equal to the amount of foreign exchange supplied in the 11 months of last year.
Bandar Imam Petrochemical was able to break its 6-year export record in 11 months of this year.
In the country's petrochemical industry, aromatic petrochemicals play an important role in this industry by converting naphtha feedstock and gas condensates into valuable products such as gasoline. Currently, Persian Gulf Holding is considered the largest producer of aromatic products in the country. This holding owns three important petrochemicals: Bandar Imam Petrochemical, Bu Ali Sina Petrochemical, and Nouri Petrochemical.
