PGPIC

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

1ST Rank

National Exports

1ST Rank

Petrochemical Group

12TH Rank

Among Top 100 Global Chemical Companies

1ST Rank

Highest Value Added

2010

Foundation Year

Persian Gulf Petrochemical Industries Company (PGPIC) was established as the leading force in Iran’s petrochemical sector, embarking on a mission to create sustainable value for the nation.

2013

Shining in the Capital Market

With its successful listing on the Tehran Stock Exchange, PGPIC gained the trust of thousands of shareholders and secured its position among the country’s top listed companies.

2015

A Leap in Development

Through the launch of major strategic projects, PGPIC expanded its production capacity significantly, becoming a true symbol of progress in Iran’s petrochemical industry.

2019

Global Recognition

PGPIC entered the ranks of the largest petrochemical companies in the Middle East, earning recognition in prestigious international rankings and reinforcing Iran’s presence on the global energy map.

2023

A New Era of Innovation and Digital Transformation

With a strong focus on knowledge-based economy, technology localization, and smart infrastructure development, PGPIC charted a new path toward sustainable growth and innovation.

Our Identity and Strategic Direction

Enhancing stakeholder satisfaction and loyalt 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

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

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

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

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