Persian Gulf Petrochemical Industries

Persian Gulf Petrochemical Industries
فارس
Tehran Stock Exchange
Headquarters
Tehran
Key people
Abdulali Ali-Asgari[1] (CEO)
Websitepgpic.ir

Persian Gulf Petrochemical Industries Corporation (PGPIC, Persian: شرکت صنایع پتروشیمی خلیج فارس, Sherkat-e Sanai'-ye Petrushimi-ye Xalij-e Fars) is an Iranian public holding company. it is mainly active in investment and administrating natural-gas processing plants, chemical factories, oil and polymer.

It was built by National Petrochemical Company in 2011 with 800 billion Toman capital. It was the second most profitable Iranian company in 2015.[2] It is the second biggest petrochemical company after SABIC in the middle east.[3] The company generated a total of 1.2 billion dollars in revenue over the first three months (Q1) in 2018.[4]

US Treasury sanctioned PGPIC for aiding Khatam al Anbiya construction base in 2019.[5]

In 2019 it was the 35th in ICIS top 100 chemical companies list.[6]

  1. ^ "PGPICC's new managing director appointed". 11 January 2022.
  2. ^ "RankingFirst100 | صد شرکت برتر ایران". 2018-06-12. Archived from the original on 2018-06-12. Retrieved 2021-01-01.
  3. ^ "شرکت صنایع پتروشیمی خلیج فارس". 2014-03-12. Archived from the original on 2014-03-12. Retrieved 2021-01-01.
  4. ^ "PGPIC Revenues hit $1.2bn in Q1". Iran Business News. Archived from the original on 2021-01-01. Retrieved 2021-01-01.
  5. ^ "US Sanctions target Iran Petrochemical Group". Iran Business News. Archived from the original on 2021-01-01. Retrieved 2021-01-01.
  6. ^ "سندی دیگر برای اثبات شکست تحریم‌های آمریکا/ صعود سه‌پله‌ای پتروشیمی خلیج فارس در رده‌بندی جهانی- اخبار نفت و انرژ - اخبار اقتصادی تسنیم - Tasnim". خبرگزاری تسنیم - Tasnim (in Persian). Archived from the original on 2021-01-01. Retrieved 2021-01-01.