Iranian Firm Produces Industrial Valves for Oil, Gas, Petrochemical Industries

Soheil Samani, an official with Sard Foolad Godakhteh Company, told ANA that the Holding is known as a knowledge-based company in the country.

The company has provided the ground for employing university graduates in the fields of oil, gas, and petrochemical sector.

Samani made the remarks on the sidelines of Islamic Azad University's "second step of revolution" under the title of Asreh Omid Event.

The event was held in Tehran's Mosalla from May 29 to June 1, 2022.

It aimed to exhibit new achievements and products in the technological and innovation arenas in line with opening new windows towards strengthening the idea of creating ground for knowledge-based businesses at the 40th anniversary of the establishment of the Islamic Azad University.

Some 3,000 knowledge-based companies, laboratories, research centers, and startups took part in Asreh Omid Event.

The Holding is a producer of industrial valves for oil, gas, petrochemical, and refinery units, carrying out all the processes from designing to manufacturing, he said, adding that for the time being, some 200 persons are working in the company.

Iran’s technological priorities have been specified within the framework of a plan, based on which the country's knowledge-based companies have been equipped. 

The country has been experiencing a threefold growth of knowledge-based companies since the beginning of the current year (starting March 21, 2022), a report said.

Based on the official figures, the total number of Iran's knowledge-based companies has surpassed 7,000 which says the country has been witnessing a threefold growth in this regard.

The former vice president for science and technology Sorena Sattari said in June that 80 percent of the products that are being produced for the first time in the country are related to the oil industry.

He added that knowledge-based companies and startups play a significant role in indigenizing the knowledge for the production of new equipment and products.

Oil Minister Javad Owji has said domestic producers are currently supplying over 70 percent of the oil industry’s needed equipment, adding that this figure can increase to 95 percent.

Currently, a major part of the equipment and parts needed by all sectors (upstream and downstream) are supplied by domestic manufacturers, Owji added.

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