The founder of a fledgling Iranian knowledge-based company describes it as the only private company in the country specializing in the production of rotating equipment, and emphasizes the company's commitment to national self-sufficiency in the high-tech industry.

Why it matters:

The production of the components is currently monopolized by only a few countries, including the United States and Germany. Achieving self-sufficiency in this field not only strengthens domestic capabilities but also prevents capital outflow from the country.

 

What we're hearing:

Ali Givian on the sidelines of the 29th Iran International Oil, Gas, Refining, and Petrochemical Exhibition:

"We can say that we are the only private company in the country producing hot-section components for rotating equipment."

"Even if once sanctions on the country are lifted, its capabilities and export potential in this sector will give it strong bargaining power on the global stage."

"Efforts are focused on further localizing gas turbines and compressors to address some of the country’s operational and refining concerns in the oil sector."
 

The big picture:

Held annually with the extensive participation of leading domestic and international companies, the exhibition serves as an opportunity for the professionals of the industry to showcase their achievements and products, get connected with experts and decision-makers, and analyze market trends to shape their future plans and innovations.
 
Hadaf Maham is a private company, established in 2021 to support rotating equipment in the country's oil industry. It operates with four subsidiaries and over 200 active projects in the production of rotating equipment. Maintenance of gas turbines and compressors, as well as the supply and manufacturing of spare parts, is among the company's activities.

 

Go deeper:

Over 630 Knowledge-Based Firms Drive Iran’s Agri-Tech, Food Security Push

seyed mohammad kazemi