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.