date : 9 January 2019

IRANOL has shown good growth in most of the indexes

The managing director of SHASTA in Abadan by appreciating the performance of the management of IRANOL Oil Co. said: IRANOL has shown good growth in most of the indexes during the past years

The public relations and advertisement of IRANOL Oil Co. reported that Dr. Rezvani Far said during the council of the officers of Abadan oil refinery with the presence of Mr. Makhdoomi, managing director of TOPICO: The growth process of IRANOL is good on most of the indexes and this shall continue with determination

By appreciating the management of Mr. Eshaghi, managing director of IRANOL, whom implemented the multi-aspect development of the company, he stated: The condition for the survival of any company is having development plans and I am sure that the current hard conditions shall pass and those companies with implemented development plans shall face a more successful future

Dr. Rezvani Far emphasized on special attention to development plans, HSE, multi-aspect development of human resources and determine follow up of legal suits and asked for the utilization of modern methods for product marketing

He recognized the decrease of raw oil sell in IRANOL with the goal of increasing the sale of final products and profit during the past years as a good and proper strategy and added: Increase of market share and the 60% increase of currency sales for IRANOL in the first 9 months of the current year compared to previous year proves that the strategy is good for the company and such a process show continue 

During the meeting Mr. Eisa Eshaghi, managing director of IRANOL Oil Co. also presented a report on the performance of IRANOL Oil Co. during the last five years and added: Fortunately by preparing the 1404 strategy IRANOL has sold engine oil more than 40% in addition to the previous year during the first 9 months of the current year and this has led to a 60% increase in profit for the company compared to the previous year

He emphasized: During the last 5 years and with our plans we have broken the records of production, sale, exportation, profit and final product sale since the establishment of IRANOL