About Us

Petrofarhang Holding

Petrofarhang Company (public shares) was established on 2/4/2018 as a private company and was registered in Tehran Companies and Industrial Property Registration Office under number 324859. Currently, the largest holding company is Farhangian Savings Fund.

This company became a public stock on 5/4/1400 after completing the legal procedures and registering in the Companies Registration Office.

History

Petrofarhang was established in 2007 as the main investment arm of Farhangian Reserve Fund in the field of oil, gas, petrochemical and energy, and during its fruitful period of activity, it has been able to play an important role in attracting the participation of cultural people in the country's economic activities and industrial development. Access to cheap sources of energy and the relative advantage of the country have turned these sectors into income-generating opportunities, and based on this, the scope of the company's activities has been defined.

With the aim of monitoring and strategically managing the portfolio of its subsidiary companies, Petrofarhang is organized in a purposeful way and uses its available resources to identify new opportunities, improve the mix of investments, manage the implementation of executive plans, and monitor and manage its production and service companies.

Providing capital and focusing on large-scale investments are among the strategies that this company has successfully achieved with the aim of creating the maximum possible efficiency, and despite the unfavorable economic conditions of the country, it has been able to define, manage and implement important projects.

With the aim of achieving the position of one of the top 5 holdings in the country's oil, gas, petrochemical and energy fields, Petrofarhang has directed a large part of its investments to the methanol field and defined and implemented huge projects in this field, among which the company Pars Middle East Chemical, Sablan Petrochemical, Dana Petrochemical and Siraf Energy Petrochemical pointed out. Currently, Petrofahang is preparing to build MTO and MTP units in order to reach downstream methanol industries, which will create higher added value.

Considering the country's economic development prospects and the significant contribution of special and free trade zones in the realization of this prospect, Petrofarhang has focused its efforts to be present in these areas with the aim of creating future opportunities.