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Project Mahshahr / Bandar Imam Project
Almas Mahshahr Petrochemical Co. پتروشیمی الماس ماهشهر
New Mahshahr olefin/polymer project (start 2022, target ~2026). PGPIC 51%, BIPC 32%, Arvand 17%. The plant-level expression of Bandar Imam Novin: take inland NGL and BIPC ethane and turn them into PE/PP rather than exporting the cut.
Short Almas
Founded 2022
Area 80 ha
Site PSEEZ, Mahshahr PRODUCTS Ethylene · HDPE · LLDPE · Propylene · PP · Butadiene
LINES Product kt Feed Licensor Ethylene 1332 — — HDPE 300 — — LLDPE 600 — — Propylene 461 — — PP 460 — —
ANALYST NOTES Licensors cited: PSE Engineering, NB Tech Global, Petro Gas London. EPC: PIDEC. Physical progress was still single-digit as of May 2024 — a paper-heavy node until mechanical completion. Capital cited 2.6 billion euros. 25+55 ha. Expand this node on the web INSPECTOR
Ownership Control Board seat Feedstock Utilities Personnel Sanctions nexus Political
Holding SDN فارس
Persian Gulf Petrochemical Industries Co. شرکت صنایع پتروشیمی خلیج فارس
Iran’s largest petrochemical holding, carved out of National Petrochemical Company assets in 2011 and listed on the Tehran Stock Exchange as فارس. It controls roughly a third of national nameplate capacity — Treasury’s 2019 designation cited ~40% of production and ~50% of petrochemical exports — across olefins, aromatics, polymers, fertilizers, utilities, and gas plants clustered in Mahshahr and Assaluyeh.
Since 2011
Nameplate 22 Mt
Staff 10,000
Site Haft Tir, Tehran PRODUCTS
Olefins · Aromatics · Polymers · Fertilizers · Utilities · Gas processing
Open dossier PEOPLE ON THIS NODE
Abdolali Ali-Askari ceo Mohammad Shariatmadari politician Hassan Abbaszadeh politician Jafar Rabiei ceo Bijan Chegeni chair Saeed Khoshrou owner-seat Hossein Hosseinzadeh owner-seat Command Web Entities People Ownership Chain Sites Sanctions Timeline Patterns