Persian Gulf Petrochemical Industries Corporation (PGPIC, , ''Shirkat-e Sânai'-ye Petrushimi-ye Xelij-e Fars'') is an Iranian

public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociological concept of the ''Öffentlichkei ...

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

. it is mainly active in investment and administrating natural-gas processing plants, chemical factories, oil and polymer. It was built by

National Petrochemical Company The National Petrochemical Company (NPC) ( fa, شرکت ملی صنایع پتروشیمی, ''Shirkat-e Mili-ye Sânai'-ye Petrushimiy''), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. ...

in 2011 with 800 billion Toman capital. It was the second most profitable Iranian company in 2015. It is the second biggest petrochemical company after SABIC in the middle east. The company generated a total of 1.2 billion dollars in revenue over the first three months (Q1) in 2018. US Treasury sanctioned PGPIC for aiding Khatam al Anbiya construction base in 2019. In 2019 it was the 35th in ICIS top 100 chemical companies list.

References

Holding companies of Iran Petrochemical companies Conglomerate companies of Iran Companies listed on the Tehran Stock Exchange Conglomerate companies established in 2007 Non-renewable resource companies established in 2007 Iranian companies established in 2007 Chemical companies established in 2007 {{chemical-company-stub