According to Petrol’s public relations office, the Vice President of Planning and Business Development at PGPIC highlighted that the managerial changes are not a reflection of the previous leadership's strengths or weaknesses but rather an opportunity to enhance performance.
*"We hope the new management will continue the development path with even greater strength," stated Mahmoud Aminnejad*, emphasizing that the key focus remains on driving development and improving performance. He added, "The truth is, we must simply focus on doing the work."
Aminnejad stressed the importance of decentralizing from PGPIC and empowering subsidiary companies. He explained that the holding company’s role is supervisory while the core operations are executed within the subsidiaries. Addressing the financial challenges, he pointed out that securing funding and feedstock supply are among the critical issues that must be resolved, urging the swift completion of projects nearing their final stages.
### *The Need to Engage the Younger Generation
Mohsen Biglarbeigi*, Assistant and Advisor to the CEO of PGPIC, highlighted the importance of involving young professionals in the petrochemical industry. He remarked, "Wherever there are young people, there is motivation, dynamism, and creativity. We have seen these qualities at Petrol in recent years."
Biglarbeigi also acknowledged Dr. Ghanai’s contributions, emphasizing that his efforts in developing the downstream petrochemical sector have played a key role in advancing the company.
### *Petrol and a Challenging Future
In his remarks, Hamidreza Khalili*, the new CEO of Petrol, outlined the company’s main priorities. He acknowledged the significant challenges ahead, including project completion delays, financial constraints, and the need to enhance the company’s stock value. He emphasized that improving performance and increasing the company's value are top priorities.
He also stressed that "performance will be the sole evaluation criterion," adding that external distractions should not influence decision-making. Khalili affirmed that the company’s focus will be on sustainable and balanced growth. Highlighting Petrol’s potential, he stated, "Petrol is not just a 17,200-billion-toman company—it has far greater growth potential. We must simultaneously focus on increasing economic value and fulfilling social responsibilities."
### *Reflections on the Past and Future
In his farewell speech, Rashid Ghanai*, the outgoing CEO, congratulated Dr. Khalili and expressed pride in the progress made during his tenure. He reflected on the significant advances in Petrol’s projects over the past three years, stating that many obstacles have been overcome and that several projects are now on the verge of completion.
“Throughout all management phases, our focus has always been on industry development, and I am pleased that Petrol will continue this path with strength,” Ghanai remarked.
