Persian Gulf Petrochemical Industries Company has raised a total of 388 trillion IRR over the past two and a half years, including 246.6 trillion IRR from the recent sale of its subsidiary Arzesh Mandegar, structured as a combination of cash and installment payments.
The full amount will be allocated to the completion of strategic petrochemical projects, each of which has surpassed 90% physical progress. These projects are essential to strengthening feedstock supply and finalizing the value chain across the holding.
Upon completion, they are expected to significantly increase production capacity, enhance revenue generation at the holding level, and contribute to greater foreign currency inflows, aligning with national economic resilience goals.