News ID: 3533
Date: Monday 14 April 2025 - 22:28

Value-creating investment, maximum production, exploitation of Phase 2 of Sabalan Petrochemical and entry into the capital market

Value-creating investment, maximum production, exploitation of Phase 2 of Sabalan Petrochemical and entry into the capital market
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.

According to Energy Press, Dr. Zarepour, referring to the major role of this group in realizing the slogan of the year, emphasized the need for serious investment in the field of production and said: “Petrofarhang is definitely one of the groups that is the main audience of the slogan of the year, and we must plan in such a way that we go beyond the slogan stage and have a brilliant record in realizing this important goal by the end of the year. Petrofarhang has high investment and production capacities that can attract the attention of investors and increase the role of this holding in the petrochemical industry and the country’s economy. It is because of these capacities that we are one of the main groups that must take steps towards realizing the slogan of the year.” The CEO of Petrofarhang Holding also considered localization, the use of artificial intelligence, and knowledge-based petrochemical equipment as a fundamental strategy and stated: “Given the global conditions, moving towards self-sufficiency in equipment production and the development of indigenous technologies is a strategic necessity.” Petrofarhang is currently one of the pioneers of domesticization, but there are more capacities that we must actualize.
Pointing to the importance of truly exploiting the Fourth Industrial Revolution, he added: The use of new and digital technologies in production and management, the effective use of artificial intelligence in executive operations, and the implementation of smart systems will be other main priorities of Petrofarhang this year. Our analysis of competitors and the global market requires us to apply the requirements of the world economy and production, otherwise we will be unable to participate and contribute in the international arena.
Dr. Zarepour also called branding and participation in effective national events another way to develop the market and increase recognition of the holding’s capabilities and emphasized: Petrofarhang Holding is now considered one of the pioneers of the petrochemical industry in various ways, which has brought its capabilities to the fore by relying on domestic expertise. We have significant achievements in localization, production volume, utilization of up-to-date knowledge in the technical sector, and human resource management that must be introduced with an efficient approach. In addition, we can share our accumulated experiences and knowledge with the petrochemical industry by effectively participating in national events.

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