Widespread Corruption of Hamidi Rad in Shazand Petrochemical
Widespread corruption of Hamidi Rad in Shazand Petrochemical: According to Iran Gate, Hamidi Rad was appointed as the CEO of Shazand Petrochemical six months ago, and due to widespread corruption in Shazand, he was dismissed a few days ago, and Khalili Nia was appointed as the CEO of Shazand.
Due to Hamidi Rad’s weak management in Shazand Petrochemical, while there is competition for refinery-produced naphtha in export and domestic rings, Shazand Petrochemical, as a naphtha consumer, is not even able to purchase its required naphtha domestically. With the lack of management by the stock market officials and profiteer Hamidi Rad, he purchased with Farzini dollars and exported with free-market dollars.
With Hamidi Rad’s weak performance, we will soon witness the shutdown of Shazand, and exclusive consumers of Shazand, such as ethanol, 2-ethylhexanol, vinyl acetate, and ethylene oxide, will face problems.