Assaluyeh 9th-olefin polymer complex on 72 ha. Built as a Sasol–Iranian JV; the South African partner wrote the asset down and left after sanctions. Still a core PGPIC olefin/PE node and an ethylene source for Pars styrene.
Short
Arya Sasol
Founded
2003
Area
72 ha
Site
PSEEZ, Assaluyeh
PRODUCTS
Ethylene · HDPE · LLDPE · C4 cut
FEED
Ethane — South Pars / Pars ethane
OWNERSHIP
PGPIC — Holding-linked; original Sasol Polymer JV — Sasol exited after sanctions
ANALYST NOTES
Incorporated 2003, Pars Energy Special Economic Zone.
The Sasol exit is a template for how Western JV partners unwound from the Assaluyeh cluster after 2018–19 designations.