According to a capital market expert, the initial public offering of Arvand Petrochemical shares benefits the market from two perspectives: it will both improve the quality of the stock exchange and pave the way for investors to make profits.
Persian Gulf Petrochemical Industries Company and the Petroleum Industry Research and Technology Fund signed a cooperation agreement to support the company's investments, domestic manufacturing projects, and knowledge-based and research activities.
In order to accelerate the process of accepting Bandar Imam Petrochemical's shares in the capital market, a joint meeting was held with the presence of the CEOs of Bandar Imam Petrochemical, Iran's Farabourse Company, and Modabaran Eqtesad Investment Company.
The Iranian Polymer Research Institute and Jampilen Petrochemical Company signed a memorandum of understanding with the aim of developing scientific and technological cooperation.
Bandar Imam Petrochemical Company, with a production of more than 4.87 million tons and an 8% growth in production in 1403, succeeded in taking the first place in production among the 72 active petrochemical complexes in Iran.
Shazand Petrochemical Company announces a new number for nominal capacity in every interpretative report; a behavior that has made the percentage of capacity realization in this company always seem desirable, but the basis for its calculation is questioned by analysts and shareholders.
The CEO of the National Petrochemical Industries Company said: "There is good potential for cooperation with African countries to develop relations in the petrochemical industry, and there is a possibility of expanding cooperation based on supplying feedstock from Iran."
The First Vice President announced Iran's readiness to accelerate Africa's industrial leap by exporting petrochemical products.
Petrochemicals have no gas for four months of the year, and soon it will be six months. To survive, petrochemicals have turned to upstream to develop gas fields themselves. But a year after the MoUs were signed, no contracts have been finalized and no gas has been extracted.
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.
