On the sidelines of the 19th IranPlast International Exhibition, five memorandums of understanding (MOUs) were signed between subsidiaries of the Petrochemical Industries Investment Company (PIIC Group).
According to PIIC’s Public Relations Office, the MOUs were signed in the presence of Mohammad Hossein Saber, CEO of PIIC Group; Mojtaba Jafari, Vice Chairman and Executive Board Member of PIIC; Soroush Khosravi, Acting CEO of Ghadir Petrochemical Company; Hamed Masineh-Asl, CEO of Faravard Qeshm Chemical Company; and Hamed Dadgostarnia, CEO of Negahdashtkaran Engineering Company. The agreements aim to enhance operational efficiency, expand technological capabilities, localize equipment production, and implement development projects.
Key areas of cooperation include:
- Launching palletizing systems and improving product packaging processes in collaboration with Ghadir Petrochemical and Faravard Qeshm.
- Executing repair, construction, mechanical, transportation, and utility unit commissioning projects through joint efforts between Faravard Qeshm and Negahdashtkaran.
- Providing maintenance services, design, consulting, and management for Ghadir Petrochemical’s development projects, with a focus on optimizing engineering and management processes under a joint cooperation framework with Negahdashtkaran.
- Localizing and reverse-engineering production and packaging line components in partnership with Faravard Qeshm and a knowledge-based company specializing in industrial equipment supply.
Under these MOUs, the parties committed to advancing joint research, industrial, and technological collaborations, leveraging expert talent, and providing both financial and strategic support to bring shared projects to fruition.
This initiative reflects PIIC Group’s determination—and that of its subsidiaries—to foster internal synergy, strengthen domestic equipment manufacturing capabilities, and contribute to the sustainable development goals of Iran’s petrochemical industry.
