فارس | |
Tehran Stock Exchange | |
Headquarters | |
Key people | Abdulali Ali-Asgari [1] (CEO) |
Website | pgpic |
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.
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]
Bank Melli Iran is the first national and commercial retail bank of Iran. It was considered as the largest Iranian company in terms of annual income with a revenue of 364 657 billion Rials in 2016. It is the largest bank in the Islamic world and in the Middle East. By the end of 2016, BMI had a net asset of $76.6 billion and a network of 3.328 banking branches; so it was known as the largest Iranian bank based on the amount of assets. The brand of BMI was recognized as one of the 100 top Iranian brands in 10th National Iranian Heroes Championship in 2013. The National Bank has 3328 active branches inside, 14 active branches and 4 sub-stations abroad, and it has 180 booths. The first managing director of BMI was Kurt Lindenblatt from Germany, the first foreign branch of BMI was opened in Hamburg, Germany in 1948.
Marun Petrochemical Company (M.P.C.), is an Iranian petrochemical company in Mahshahr, Khuzestan, which was established in January 21, 1999.
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The National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. It is responsible for the development and operation of the country's petrochemical sector. Founded in 1964, NPC began its activities by operating a small fertilizer plant in Shiraz.
The Ministry of Petroleum (MOP) (Persian: وزارت نفت, romanized: Vezârat-e Naft) manages the oil industry, the producer of oil and petrochemical products. MoP is in charge of all issues pertaining to exploration, extraction, exploitation, distribution and exportation of crude oil and oil products. In addition, according to the "Imports and Exports Regulation Act[usurped]", issuing import licenses for such products is also among the functions of the Ministry of Petroleum. The ministry has been placed under sanctions by the United States Department of State as of 2020.
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