Board of Directors’ chairman of Petrofarhang Holding declared that completion and operation of incomplete projects were among the holding’s priorities and emphasized: “Completion and operation of the Dena petrochemical project requires substantial support from the government and shareholders including Saderat Bank”.

A meeting to examine the issues and problems arising in the large under-construction project of Dena Petrochemicals in Asalouyeh was held with the presence of Dr. Zarepour, Board of Directors’ chairman of Petrofarhang Holding, and executive forces of Dena Petrochemicals such as Dr. Hashemi, the CEO.

Dr. Zarepour, Board of Directors’ chairman of Petrofarhang Holding, pointed to the physical progress of over 81% in Dena Petrochemicals project: ‘”Completion and operation of this project is among the priorities on the agenda. No shortcoming is acceptable in this regard, and solutions must be devised to accelerate the project’s executive operations”.

Declaring that Dena Petrochemicals will be completed and start operating in next February provided the goods and funding required, he emphasized: “We need special and comprehensive support from the government, banks, and shareholders, especially Saderat Bank, to this end”.

Board of Directors’ chairman of Petrofarhang Holding continued: “So far, IRR 130,000 billion have been spent to establish Dena Petrochemicals and an additional IRR 50,000 billion is still required to complete the project”.

Emphasizing that the president is concerned with incomplete projects with high physical progress percentages, Dr. Zarepour added: “Persistent effort to complete the under-construction project of Dena Chemicals is the duty of Petrofarhang Holding so that the employees of the Department of Education can sooner benefit the profits as the shareholders”.

Dr. Hossein Hashemi, CEO of Dena Petrochemicals Company, also emphasized the significance of accelerating this project’s execution in the meeting and said: “I will spare no efforts to fund this project. I hope to see the resolution of the problems and project completion by April, 2024, given the consistent efforts of Dr. Zarepour, Board of Directors’ chairman of Petrofarhang Holding, and contributions of banks and the government”.