News

10 August 2025 - 09:29

PGPIC and Refah Bank Sign Cooperation MoU

TEHRAN, August 10 (PGPIC)– The Persian Gulf Petrochemical Industries Company (PGPIC) and Refah Bank have signed a memorandum of understanding to expand cooperation, with initial focus on financing the...

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10 August 2025 - 09:27

Howeizeh Persian Gulf Gas Refinery Approves Record Capital Increase from IRR 10 Billion to IRR 200 Trillion

MAHSHAR, August 10 (PGPIC) – Howeizeh Persian Gulf Gas Refinery has approved a historic 20,000-fold capital increase, raising its registered capital from IRR 10 billion to IRR 200 trillion, as part of...

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10 August 2025 - 09:25

Bouali Sina Petrochemical Posts 31.4% Revenue Growth in First Four Months of FY

MAHSHAR, August 10 (PGPIC) – Bouali Sina Petrochemical Company has reported strong financial and operational performance for July and the first four months of the Iranian calendar year 1404, achieving...

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09 August 2025 - 09:32

Arvand Petrochemical Co. Achieves Successful Localization of Control Valves and Spare Parts

TEHRAN, August 9 (PGPIC)– Arvand Petrochemical Company has successfully reverse-engineered and localized the production of strategic industrial control valves and their spare parts—previously supplied...

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07 August 2025 - 15:18

Arvand Petrochemical Co. Posts 108% Net Profit Growth in First Four Months, Secures Market Position with 78% Surge in Sales

MAHSHAR, August 7 (PGPIC)– Arvand Petrochemical Company has reported robust financial and operational results for the first four months of the Iranian calendar year 1404, including a 108% year-on-year...

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07 August 2025 - 15:13

New Strategic Vision for Bandar Imam Petrochemical Co. Realized as PGPIC Splits Production Oversight from Planning to Boost Efficiency

MAHSHAR, August 7 (PGPIC)– The Persian Gulf Petrochemical Industries Company (PGPIC) has implemented a new strategic framework for Bandar Imam Petrochemical Company, including the separation of produc...

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07 August 2025 - 12:28

Bandar Imam Petrochemical Co. Set to Become Global Polyolefin Powerhouse with Four New Projects, Adding 3 Million Tons to Capacity

MAHSHAR, August 7 (PGPIC)– Bandar Imam Petrochemical Company will undertake four new projects worth $2.2 billion, boosting its production capacity by 3 million tons and positioning the complex as a le...

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07 August 2025 - 12:24

Measures to Remove Production Barriers and Delist Shahid Tondguyan Petrochemical Co. from Polluting Industries Reviewed

TEHRAN, August 7 (PGPIC) – Senior officials from the Persian Gulf Petrochemical Industries Company (PGPIC) discussed strategies to overcome production barriers, achieve nameplate capacity, and impleme...

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07 August 2025 - 12:15

PGPIC CEO: "Message of Change" in Power Holders’ View of Media Community Is the Noblest Gift to This Esteemed Profession

TEHRAN, August 7 (PGPIC)– Mohammad Shariatmadari, CEO of the Persian Gulf Petrochemical Industries Company (PGPIC), marked Iran’s National Journalists’ Day by calling for a transformation in the way t...

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05 August 2025 - 17:31

Mohammad Shariatmadari Receives Iran’s First National Business Leadership Award in Economic Governance

TEHRAN, August 5 (PGPIC)– Mohammad Shariatmadari, CEO of the Persian Gulf Petrochemical Industries Company (PGPIC), has been honored with the inaugural National Business Leadership Award in the field ...

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