According to Persian Gulf Petrochemical
Industries Company (PGPIC), a ceremony honoring Rasoul Ashrafzadeh, former CEO,
and introducing Rashid Ghanei, the new CEO of the Persian Gulf Petrochemical
Complex Investment and Development Group (Petrol), was held on Monday (June 6).
Rashid Ghanei, the new CEO of Petrol, while
appreciating the efforts of Ashrafzadeh, the former CEO of the company, said: “The
general plan of Petrol for shareholders will be to continue completing the
value chain in the field of intermediate, downstream and development of
He continued: "In the last few months,
good studies have been done in this field and we hope to be able to continue
this path in the oil complex and prevent crude sales."
The CEO of Petrol added: "In a way, our
current petrochemical chain has a lower value added compared to the world, and
the completion of this value chain will lead to a much stronger profit of oil,
and this profitability will benefit its shareholders."
Ghanei noted: “Construction of two new parks
will be one of the future plans of Petrol, one of which in Assaluyeh, where the
initial design was done and finally the capacity and capital of the people will
be used, and it will increase profitability.”
Settlement of Petrol's Largest Hard Currency
Rasoul Ashrafzadeh, the former CEO of the
company, also pointed to the major financial achievements of Petrol in these
four years, and said: "The first big thing that was done in this complex was
to settle the biggest hard currency debt of Petrol."
He added: "Another achievement of the
group in the capital market has been the placement of oil in the first board of
the stock exchange and 110 million Euros of finance."
The former CEO of Petrol continued: "In
these few years, we defined 6 new projects that will be launched for the first
time in the country.”