According to the company’s public relations office, Arghavan Gostar Petrochemical Company has successfully completed pilot production of polypropylene, known as the “caviar of the petrochemical industry,” in the first week of September 2025. Engineers oversaw the integration of operational units, moving from raw propylene to granules as the final product, placing the plant on the verge of full-scale launch.
With an annual capacity of 150,000 tons, the plant is capable of producing a wide range of polypropylene products, including random copolymer, impact copolymer, and homopolymer. Its production of 45 distinct grades enables it to meet diverse downstream industrial needs across sectors such as automotive, healthcare, textiles, home appliances, and packaging.
Ownership of 83.6% of the company lies, directly and indirectly, with the Persian Gulf Petrochemical Downstream Industries Development and Investment Company (Petrol). A portion of its shares will soon be floated on the capital market under the ticker symbol “Sharpilen.”