During the 7th Domestic Oil, Gas, Petrochemical and Refining Exhibition and at the holding booth of TAPPICO (Tamin Petroleum & Petrochemical Investment Co), Fanavaran Petrochemical Company signed five memorandums of understanding with banking, technological and industrial groups in the country with the aim of strengthening the domestic supply chain, developing strategic partnerships and accelerating the implementation of development programs.
According to the report, the first memorandum of understanding was signed with Sina Bank in the field of financial services and instruments. This cooperation was carried out with the approach of financing development projects, designing new credit solutions and utilizing banking capacities in supporting the company’s investment plans.
Another memorandum of understanding was also signed with Refah Kargaran Bank in the field of financial affairs, developing banking interactions and providing credit and investment services, which aims to diversify the financing instruments and facilitate the implementation of the company’s development projects.
The next memorandum of understanding was signed with Rightel in the field of providing smart services, developing communication infrastructures and implementing digital transformation programs. This cooperation aims to make processes smarter, improve operational efficiency and move towards a smart industry.
Also, in the field of manufacturing and localization of equipment, an memorandum of understanding was signed with Pars Machine-Building Company, which focuses on the design and manufacture of equipment and parts required by the complex, relying on domestic capabilities.
Subsequently, another memorandum of understanding was signed with Alborz Peyman Machine-Building Company in the field of manufacturing and supplying industrial equipment, which aims to develop technical and engineering cooperation, improve the quality of domestic manufacturing, and reduce dependence on foreign sources.
The signing of these memorandums at the 7th Domestic Manufacturing Exhibition for Oil, Gas, Petrochemicals, and Refining reflects Fanavaran Petrochemical’s serious determination to support national production, deepen domestic manufacturing, develop inter-sectoral interactions, and achieve the strategic goals of the country’s petrochemical industry.
