Persian_Gulf_Petrochemical_Industries

Persian Gulf Petrochemical Industries

Persian Gulf Petrochemical Industries

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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.

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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]


References

  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.



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