Persian Gulf Petrochemical Industries
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Persian Gulf Petrochemical Industries Corporation (PGPIC, Persian: شرکت صنایع پتروشیمی خلیج فارس, Sherkat-e Sanai'-ye Petrushimi-ye Xalij-e Fars) is an Iranian public holding company. it is mainly active in investment and administrating natural-gas processing plants, chemical factories, oil and polymer.
فارس | |
Tehran Stock Exchange | |
Headquarters | |
Key people | Abdulali Ali-Asgari[1] (CEO) |
Website | pgpic |
It was built by National Petrochemical Company in 2011 with 800 billion Toman capital. It was the second most profitable Iranian company in 2015.[2] It is the second biggest petrochemical company after SABIC in the middle east.[3] The company generated a total of 1.2 billion dollars in revenue over the first three months (Q1) in 2018.[4]
US Treasury sanctioned PGPIC for aiding Khatam al Anbiya construction base in 2019.[5]
In 2019 it was the 35th in ICIS top 100 chemical companies list.[6]