Speaking at PRTC’s annual general meeting on
Sunday, Abbaszadeh described the company as a model organization in Iran’s oil
and gas industry, highlighting its strategic importance in advancing innovation
and sustaining petrochemical development.
“The Petrochemical Research and Technology
Company, by nature of its operations, serves as a vital backbone of the
petrochemical industry,” he said, calling for a revamped and technology-driven
business model to guide the company’s future direction.
Abbaszadeh urged the company to engage more
actively with petrochemical complexes — particularly in key production hubs
such as Mahshahr and Assaluyeh — by redefining collaborative frameworks to meet
the evolving technological and research needs of the sector.
He also pointed to improved coordination with
petrochemical holding groups, noting that favorable conditions now exist for
enhanced cooperation in research and innovation. “With practical mechanisms in
place, we can move decisively toward adopting global expertise and fostering
innovation,” he stated.
The deputy minister stressed the need to leverage
skilled and specialized human resources, emphasizing the importance of expert
succession planning and experience transfer within the company.
The meeting, held in accordance with Article 101
of Iran’s Commercial Code and Article 8 of the organization’s statutes, was
convened to review the company’s 1403 fiscal year (March 2024–March 2025) financial
statements and performance report. Independent auditors and legal inspectors
presented their findings during the session.
PRTC’s managing director provided an overview of
the board’s achievements and future strategies, with the session concluding in
the approval of the board’s decisions and responsibilities by shareholders.
The annual meeting was convened to review
financial results, operational performance, and audit reports in alignment with
legal requirements.