During a field visit to the sites of the petrochemical companies of the Petrofarhang Holding subsidiary in Assaluyeh, Ali Sadeghi was informed about the activities, progress of the projects, as well as the issues and challenges of the companies, and made and communicated the necessary decisions to accelerate the completion of the projects and increase the productivity at the production sites.
The CEO of Farhangian Reserve Fund, headed by a delegation of the fund’s deputies and managers, and the CEOs, deputies and managers of Petrofarhang Holding and its subsidiaries, visited the sites of the holding’s companies in Assaluyeh, including the second phase of Sabalan Petrochemical Company , Kimia Pars Middle East Petrochemical Company , Lavan Chemical Company, Morvarid Petrochemical Company , and Qutb Lavan Hotel.
During a visit to the second phase of Sabalan Petrochemical, the Fund’s CEO expressed his happiness over the progress made in implementing this project and emphasized its completion on time so that it can reach the exploitation and profitability stage for the members of the institution as soon as possible and the company is ready to enter the stock exchange.
He stated: “The management team of Farhangian Reserve Fund is determined to complete all past unfinished projects in this period so that they can enter the profitability and wealth generation stage, and the second phase of Sabalan Petrochemical is one of the most important current projects of this complex.”
Continuing his field visit to Kimia Pars Middle East Petrochemical Company, Sadeghi also described the company as one of the fund’s valuable assets that can play an effective role in increasing profitability for Farhangian.
He added: “With the round-the-clock efforts made in recent months, Kimia Pars Middle East Company has overcome most of its problems and is in a good position, and it is expected that the process of increasing the company’s profitability will continue at a faster pace.”
The CEO of the institute also visited the Lavan Chemical Complex and emphasized the commencement of the company’s executive operations.
He said: The location of the company’s land is unique due to its proximity to the feed required for this project from Sabalan and Morvarid petrochemical plants, which are under the fund’s control, and its proximity to the sea in terms of feed and export costs.
Sadeghi described the company’s land as very valuable and one of the fund’s valuable assets and stated: Fortunately, the announcement of the call for and identification of qualified contractors for the Lavan Chemical Company was recently published, and due to the importance of this project, the Farhangian Reserve Fund will have special support for it and is following up on the success of this project.
The CEO of the fund also visited the hotel project under construction by Qotb Sepehr Lavan Company and described the company as one of the main companies providing non-industrial services in the Assaluyeh region, and stated: Given that Petrofarhang Holding has several petrochemical companies in this region, Qotb Sepehr Lavan Company can provide appropriate services to these companies and expand its target market throughout the region.
During his visit to Morvarid Petrochemical, he also emphasized increasing its productivity and profitability for members of the Farhangian Reserve Fund.
After visiting the Petrofarhang Holding petrochemical Companies, Sadeghi attended a ceremony held to commemorate International Labor Day hosted by Morvarid Petrochemical, where he joined the workers, staff, and managers of Petrofarhang’s subsidiaries. While paying tribute to the efforts and efforts of these dear ones in order to generate profits and wealth for Farhangian, he presented a plaque of appreciation to the exemplary workers of these companies.