Persian Gulf Petrochemical Industries
Iranian chemical company
From Wikipedia, the free encyclopedia
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.
| فارس | |
| Tehran Stock Exchange | |
| Headquarters | |
| Key people | Mohammad Shariatmadari[1] (CEO) |
| Website | pgpic |
History
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 Headquarters in 2019.[5]
In 2019 it was the 35th in ICIS top 100 chemical companies list.[6]
