Petrofarhang CEO Outlines Investment, Production Plans for 2025 Amid Push to Localize Technology

Petrofarhang CEO Outlines Investment, Production Plans for 2025 Amid Push to Localize Technology
(Wednesday, April 16, 2025) 08:21

TEHRAN (NIPNA) – Petrofarhang Holding, one of Iran’s key petrochemical investment arms, has laid out its strategic roadmap for 2025, with a strong focus on boosting domestic production, leveraging artificial intelligence, and expanding international market presence, the company’s CEO said on Tuesday.

In remarks during the first board meeting of the new Iranian year, CEO Javad Zarepoor emphasized the company's alignment with the national slogan “Investment for Production,” saying Petrofarhang is one of the primary actors expected to deliver on the year’s core mandate.

“We must move beyond slogans and produce measurable outcomes that reflect our commitment to sustainable investment and production,” Zarepoor said, highlighting the company’s untapped capacity in both sectors.

Zarepoor underscored Petrofarhang’s strategic focus on localizing critical petrochemical equipment, adopting smart technologies, and promoting knowledge-based manufacturing. “Given the global landscape, achieving self-sufficiency in technology and accelerating innovation is no longer optional—it is a strategic imperative,” he said.

He also pointed to the need to capitalize on the Fourth Industrial Revolution, including expanding the use of AI in operations and digitalizing management systems to enhance productivity and global competitiveness.

Brand-building and active participation in national industry events were cited as additional pillars of Petrofarhang’s strategy for 2025.

Key Programs for 2025

Zarepoor outlined several priority initiatives, including:

  • Listing of subsidiaries Morvarid, Sabalan, Mafna, and the holding itself on Iran’s stock exchange to improve transparency and facilitate capital mobilization;
  • Timely launch of the Sabalan 2 complex;
  • Acceleration of final works at Siraf Energy Petrochemical and Sepehr Four-Star Hotel;
  • Mafna’s new electricity generation project to address national power shortages;
  • Commencement of downstream methanol projects at Arya, Lavān Chemical, and Mahtab Parsian;
  • Gas field development at Gordān and Pazen to boost upstream production;
  • Broadening the holding’s international export footprint and diversifying sales strategies to reduce market risks and enhance profitability for its main shareholder, the Teachers’ Reserve Fund.

“These programs are central to our vision of sustainable growth and greater influence in the regional and global petrochemical sectors,” Zarepoor concluded.

 


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