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He said PGHC needs $7b for financing new projects and has managed to absorb most of the amount.
In a final step, PGHC will seek to buy stocks of lucrative petrochemical firms, he added.
PGHC has initiated talks with 15 leading international petrochemical companies for completing its projects, Nejad Salim added.
While the pseudomonas bacteria was only found in one specific area, PGHC is currently testing out the rest of the hospital as well.
Adel Nejad Salim told Shana that PGHC has held very constructive talks with major petrochemical firms in Europe and Asia since removal of sanctions and the outcome of the talks will begin to become manifest in the coming months.
Mashayekhi who was also representing the Persian Gulf Holding Company (PGHC) at IPF said the company holds some $16.2bn worth of assets and is one of Iran's leading private companies which is operating numerous major petrochemical projects.
PGHC also owns 10% of shares in Iran's stock exchange making it one of the most influential companies in the market.
TEHRAN (FNA)- Persian Gulf Holding Company (PGHC) is planning to boost its annual output by at least 100% from currently 18.5mt/y by March 2019, the company's chief said.
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