Arman Novin Farzanegan Saba Company P.J. on 2018/05/01 with Registration Number 525738 and National ID 14007560982 to Invest in 21.25% of Petro Imen Sepahan Chemicals Company in Tehran Registrar Address: Unit 8, Third floor, Pasra Building, No.4, Corner of Haj Mohammadian Alley, Ali Akbari St., Shahid Motahari St., is registered.

The registered and paid-up capital of the company is 100 billion Rials.

Arman Novin Pishgaman Saba owns 47% of the company.

Capable:

Petro Imen Sepahan Chemical Industries Co., on 2006/01/24, with Registration Number 26378 and National Registration Number 10260471315, Isfahan Registered Companies Address: No. 37, Block 4, RangSazan Ave, Phase 1 Ave, Razi Industrial Estate, Shahr’reza, is registered.

The registered and paid-up capital of the company is 280 billion Rials.

Shareholders of the company are as follows:

Tejarat Bank 51%

Mellat Financial Group 27.75%

Arman Novin ​​Farzanegan Saba 21.25%

Type of Activity:

Produces chemicals including organic solvents, paraffin, ethyl acetate, methyl acetate, butyl acetate.

The development plan of the Isopropanol Unit (IPA) is a capacity of 40,000 tons per year with a rate of 70% physical progress.