National Petrochemical Company

The history of petrochemical industry in Iran dates back to over 50 years ago. In the late 1950s, the Economy Ministry of the time established a chemical institution to promote the petrochemical industry in the country. Following that, Marvdasht fertilizer facility was built in 1958 in the southern Province of Fars. Since the development of petrochemical industry needed more professional activities in line with the expansion of the country’s oil and gas industries, the establishment of an organization for leading the development of petrochemical industry seemed unavoidable. Therefore, the National Petrochemical Company (NPC) was established in 1964. The state-owned company conducted all activities related to the expansion of petrochemical industry under the leadership of the National Iranian Oil Company (NIOC). Manufacture of petrochemicals including polyvinyl chloride, polyethylene, propylene, ethylene and benzene .Through its main subsidiaries, it distributes oil and gas machinery and petrochemicals; direct investments in petrochemical sector and in various sectors; provides oil shipping, local truck transportation, petroleum bulk storage, research and development services for the petrochemical industry; ownership and operation of a free zone.
Country of Incorporation