Petrofarhang was established in 2008 (1387 in the Iranian calendar) as the principal investment arm of the Teachers’ Reserve Fund in the oil, gas, petrochemical, and energy sectors. Throughout its productive years of operation, the company has played a significant role in fostering the participation of the country’s educators in economic activities and national industrial development. Leveraging access to energy resources as a comparative advantage of the country, these sectors have been transformed into revenue-generating opportunities, forming the foundation upon which the Holding’s scope of activities has been defined. Petrofarhang has been purposefully structured to provide strategic oversight and leadership for its portfolio companies. It allocates its resources toward identifying new investment opportunities, optimizing the investment mix, directing the execution of development projects, and supervising and guiding its production and service subsidiaries. Capital mobilization and a strategic focus on large-scale investments have been among the key approaches successfully pursued by the Company to maximize returns. Despite challenging economic conditions in the country, Petrofarhang has effectively defined, managed, and executed major projects. With the objective of attaining a position among the top five holdings in Iran’s oil, gas, petrochemical, and energy sectors, Petrofarhang has directed a substantial portion of its investments toward the methanol industry. The Company has initiated and implemented major projects in this field, including Kimia Pars Middle East Company, Sabalan Petrochemical Company, Dena Petrochemical Company, and Siraf Energy Petrochemical Company. Currently, in pursuit of downstream methanol development and higher value creation, Petrofarhang is preparing for the establishment of MTO (Methanol-to-Olefins) and MTP (Methanol-to-Propylene) units. In alignment with the country’s economic development vision and recognizing the significant role of special economic zones and free trade zones in achieving this vision, Petrofarhang has concentrated its efforts on establishing and expanding its presence in these regions to capitalize on future opportunities.