According to the Public Relations Department of Andimeshk Ibn Sina Petrochemical Company, the company held its annual general meeting with shareholders in attendance, chaired by Morteza Rahimian Saraei.
At the meeting, Mostafa Heydarian, CEO of the company, presented a comprehensive report on the project’s development. He stated that cumulative physical progress by the end of 2024 in the ethylene oxide unit and associated utility services had reached 24.64%, with 18.63% of that progress achieved within the year.
“These achievements reflect the company’s steady and successful momentum in advancing the project,” Heydarian emphasized.
The company’s CFO also presented the financial report for the 2024 fiscal year, which was thoroughly reviewed and approved by the shareholders. Discussions were also held regarding the proposed budget and financial policies for the coming fiscal year.
In his report, the CFO highlighted that 50 billion IRR (approx. $1 million) had been allocated to corporate social responsibility (CSR) initiatives in 2024. These initiatives included support for environmental projects, educational and healthcare development in neighboring areas, and improvements to local quality of life — all underscoring the company's commitment to sustainability and community development.
The general assembly also announced that the project’s workforce reached 790 employees in 2024, primarily through local hiring. This employment drive has played a significant role in enhancing socioeconomic welfare in the region.