Reza Nekouei said on Tuesday at the first
meeting of the CEOs of the country's petrochemical holdings with senior
executives of the oil industry, that there are plans regarding super holdings
or projects that have been suspended due to lack of capital. “In this regard,
we intend to establish a parent project fund to support these projects and
He added: "This project is being pursued
by the National Petrochemical Company so that we can form the fund and bring a
percentage of the sales of the complexes into the fund through the stock
exchange and the existing legal instruments."
The investment director of the National
Petrochemical Company stated: "In this fund, projects that have a value
chain are included so that we can put these projects into operation through the
resources provided through the stock exchange."