Petrofarhang Holding has been awarded the prestigious top prize for “Revitalizing Profitability, Product Portfolio Management, and Value Creation” at the 12th National Petrochemical Industry Excellence Festival of Iran.

According to the Public Relations and Brand Development Department of Petrofarhang Holding, in a ceremony attended by Ali Mohammad Basaghzadeh, Chairman of the Excellence Award Policy Council, and senior executives of the holding, the award was presented to Petrofarhang based on the criteria of the EFQM (European Foundation for Quality Management) organizational excellence model.

Prior to this achievement, subsidiary companies including Kimiya Pars Middle East, Sabalan 1, Sabalan 2, Siraf Energy, and Morvarid had also successfully received 3 to 5-star recognition certificates at the 12th Pars Region Petrochemical Industry Excellence Awards.

Established in 2009, the Petrochemical Industry Excellence Award is held annually with the objective of identifying, introducing, and honoring leading companies within the industry, based on the EFQM organizational excellence model.