PGPIC head:

Int’l collaboration key to advancing petchem industry

SHANA (Tehran) – The CEO of Persian Gulf Petrochemical Industries Company emphasized the need to expedite the completion of downstream units to enhance the value chain, highlighting the critical role of international collaboration in the development of the petrochemical sector.

PGPIC, Top Iran Firm

TEHRAN (Shana) – Persian Gulf Petrochemical Industries Company (PGPIC) ranked first among the 500 top enterprises of the country by winning the first rank in the three indices of "sales value", "exports" and "highest market value".

PGPIC Backs Creative Ideas: CEO

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) announced the priority of this company to increase the production of products, and said: “In this field, we welcome creative ideas.”

PGPIC Generates $4bn in H1

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said his company had generated over 4 billion dollars in the first half of the current calendar year, which began on March 21.

PGPIC Ready to Bolster Ties with German Firms

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) voiced the holding’s readiness to cooperate with German companies that excel in chemistry and petrochemical industry and take great steps for the interests of both countries.

PGPIC Eyes 20.5 mt Output in 1401

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was preparing to supply 20.5 million tons of products by the end of the current calendar year, which began on March 21.

PGPIC CEO Invites Brazilian Firms to Iran Petchem Industry

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said: "Today, PGPIC has 14 projects under construction with a domestic return price of at least 15%, which is a good opportunity for foreign investment, and in this regard we welcome the investment of Brazilian companies."

Funding PGPIC Projects Accelerating: CEO

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said: "This company seeks to accelerate the financing of the group's projects by tapping the capacities of the banking system and the capital market."

CEO of PGPIC Appointed

TEHRAN (Shana) -- The head of the board of directors of the Persian Gulf Petrochemical Industries Company (PGPIC) appointed Abdul Ali Ali Asgari as the CEO of the holding company.

PGPIC Exports hit $2.4b in H1

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding’s made $2.4 billion by exporting petrochemicals in the first half of the current Iranian fiscal year which began on March 20.

PGPIC Building 16 Petchem Projects

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company is currently building 16 petrochemical projects with an investment of $17 billion.

Much of High-Tech Petchem Equipment Built Domestically: CEO

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said a large part of the high-tech equipment needed in the petrochemical industry is supplied domestically.

PGPIC Entrusts Local Firms with Parts Supply

TEHRAN (Shana) -- The production manager of the Persian Gulf Petrochemical Industries Company (PGPIC) said the company has signed Rls. 40,000 billion worth of contracts with local providers and manufacturers for the supply of items and goods required in the holding giant's projects.

PGPIC Honored as top Iran Firm

TEHRAN (Shana) -- Iranian Industry, Mining, and Trade Ministry has introduced the country’s top 100 companies in a ceremony held on Sunday, lauding the Persian Gulf Petrochemical Industries Company (PGPIC) as the first of 500 competitors.

Launching Bidboland Gas Refinery Result of Bans: PGPIC CEO

KHUZESTAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said: “The launch of the Bidboland Persian Gulf gas refinery is the result of sanctions and the opening of credit for implementation of this project is the result of the Joint Comprehensive Plan of Action (JCPOA).”

Rouhani Launches Iran Largest APG Collection, Processing Facility

TEHRAN (Shana) – Iranian President Hassan Rouhani officially launched the Persian Gulf Bidboland Gas Refinery Project, as the largest associated petroleum gas (APG) collection and processing facility in Iran with a daily processing capacity of more than 56 million cubic meters and an investment of $3.4 billion.

PIDM Obtains Integrated Management Standard Certifications

TEHRAN (Shana) – The Petrochemical Industry Development Management Company, after undergoing the necessary audits, succeeded in obtaining a new edition of the Integrated Management Standard (IMS) certifications.

Phase II of Ilam Petchem Plant Launched by Local Experts

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said that the second phase of Ilam Petrochemical Plant had come on stream by relying on domestic experts. 

PGPIC to Launch 4 Petchem Projects by Yearend

TEHRAN (Shana) – The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company had planned to commission 4 major petrochemical projects by the end of the current Iranian calendar year to March 20, 2021.

PGPIC Announces 100% Capital Increase

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) announced a 100% increase in the company's capital, adding the holding and its subsidiaries enjoy 11% share in the country’s stock exchange and OTC.

PGPIC Fosters Cooperation with Bank Mellat

TEHRAN (Shana) – The Persian Gulf Petrochemical Industries Company (PGPIC) and Bank Mellat have signed a memorandum of understanding with the aim of improving the level of cooperation.

PGPIC among ICIS 100 Top Chemical Firms

TEHRAN (Shana) – Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) has managed to maintain its position as one of the top 40 chemical companies in the world in the ICIS 100 Top Chemical Companies in 2020 despite severs US sanctions on the company.

CEO Satisfied with PGPIC Sales, Exports

TEHRAN (Shana) – The production and exports of Persian Gulf Petrochemical Industries Company (PGPIC) are satisfactory for the time being, the holding’s CEO says.

PGPIC Building $10b Petchem Projects in Iran

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was currently building projects with a total value of 10 billion dollars in Iran.

PGPIC Focused on Value-Chain Completion

TEHRAN (Shana) -- Product diversification and completing the value chain are one of the priorities for implementation of development projects by the Persian Gulf Petrochemical Industries Company (PGPIC).

PGPIC Exports Continue despite Sanctions

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Trade Company said the current international conditions had not influenced export of petrochemicals by the Persian Gulf Petrochemical Industries Company (PGPIC).

PGPIC to Launch 7 Projects by 2021

TEHRAN (Shana) -- The CEO of Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was planning to launch 7 petrochemical project by 2021.

PGPIC Meets Production Objectives, Almost

TEHRAN (Shana) -- The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said that the holding’s output was 95 percent of its nameplate capacity over the course of the previous Iranian calendar year which ended on March 20.