About-Us

Persian Gulf Petrochemical Industries Company (PGPIC)


Established in 2010, the Persian Gulf Petrochemical Industries Company (PGPIC) is the largest specialized petrochemical holding in Iran, comprising a broad network of subsidiaries engaged in production, engineering, trading, investment, education, and services.

Initially launched as a state-owned public joint-stock company, PGPIC transitioned to private ownership in 2013 in alignment with Article 44 of the Iranian Constitution, which promotes privatization and economic liberalization.

Over the past decade, PGPIC has undergone significant and strategic transformation. The company has implemented robust management systems, developed comprehensive strategic plans across its entire value chain, and diversified its investment portfolio to strengthen profitability and resilience. 

PGPIC has significantly expanded its production base, offering a wide array of chemical and petrochemical products, while developing major refining and petrochemical complexes across key regions of Iran. These initiatives align closely with the company’s commitment to sustainable development and environmental stewardship.

 

1st Rank
Highest Exports
1st Rank
Highest Market Value
1st Rank
Highest Profitability
18th Rank
Among Top 100 Global Chemical Companies
1st Rank
Petrochemical Group
1st Rank
National Exports
1st Rank
Highest Value Added

Foresight Planning in the Persian Gulf Petrochemical Holding Company

The petrochemical industry, as a key pillar of the nation's economic enterprises, is continuously exposed to significant changes, fluctuations, and uncertainties. In the face of today’s rapid and complex transformations, traditional mechanisms, analytical methods, and long-term planning tools have proven increasingly inadequate. As a result, leading global companies have adopted foresight methodologies and scenario planning to enhance their preparedness and resilience—achieving significant competitive advantages in their respective markets.

Following this global trend, many reputable organizations across various industries have also integrated foresight and scenario-based planning into their strategic processes.

In alignment with this evolving paradigm, PGPIC has formally adopted a “Foresight and Scenario-Based Planning” approach as part of its new strategic outlook. The Holding Foresight Committee has been established to define, coordinate, and oversee the implementation of this initiative.

It is important to highlight that by integrating foresight with the Holding’s previous strategic management framework—under the concept of Strategic Foresight or Corporate Foresight—the company can improve long-term decision-making and embed strategic thinking more deeply into its future initiatives. Concurrently, Persian Gulf Holding continues to pursue key initiatives in line with its defined strategic objectives, ensuring cohesive and future-oriented organizational progress.

Organizational Goals

  • Enhancing stakeholder satisfaction and loyalty
  • Developing internal and external investments and partnerships
  • Increasing the quantity and quality of the investment portfolio
  • Expanding market share
  • Achieving a learning and knowledge-based organization
  • Developing the value chain while preserving the environment

The Philosophy

  • Sustainable production of chemical and petrochemical products with higher added value, from the entrusted resources in Iran
  • Completing the value chain by producing new products and providing specialized/engineered solutions to customers
  • Maximizing the wealth of the large family of shareholders
  • Effective participation in the competitiveness and sustainable development of Iran in environmental, economic, and social dimensions
  • Wealth and job creation aimed at the prosperity of the land of Iran

Core Values

  • Transparency
  • Integrity and Ethics
  • Responsibility and Accountability to Stakeholders
  • Safety, Health, and Environmental Respect
  • Customer-Centricity
  • Loyalty
  • Professionalism and Team Spirit

Visions

  • Preferred by Customers
  • Preferred by Employees
  • Leading in Increasing Shareholder Wealth
  • A Competitive and Renowned Petrochemical Brand on an International Level

Organizational Strategy

  • Financial and Economic: Sustainable Profitability
  • Stakeholders: Continuous Value Creation
  • Processes: Balanced and Economical Process Development
  • Social Responsibility: Strong Activity in Corporate Social Responsibilities
  • Learning and Growth: Development of Scientific Management

Shareholder Composition

  • Taban Farda Petrochemical Group
  • Justice Shares Investment Companies
  • Justice Shares (Direct Method)
  • Ahdaf Investment Company
  • National Petrochemical Company of Iran (NPC)
  • Ta’min Oil and Gas Investment Company
  • Other Shareholders (Through the Stock Exchange Market)
  • Others