TEHRAN Oct 23 (Shana): Managing-Director of Persian Gulf Holding Company Adel Nejad-Salim said the contracts this company has signed will be revised in order to protect the rights of the companys stockholders.
Protecting the rights of stockholders and their capitals constitute a priority for Holding, he said.
He added that all 15 offshoots of Persian Gulf Holding and its stockholders are required to help so that the company will go towards development.
If the Holdings member companies produce losses they could not remain and they will lose their status, said Nejad-Salim.
He said 27 percent of Irans polymer production belongs to Persian Gulf Holding.
Abdol-Hossein Bayat, a member of Board of Directors of National Petrochemical Company, said the petrochemical prices will be reconsidered.
Gas and liquid feedstock prices are different and any pricing will be set by taking into consideration all aspects, he said.
By SHANA
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