WORKING FILE · OPEN-SOURCE COMPILATION NOT AN OFFICIAL DESIGNATION AS OF 16 Sep 2026
Command L0 Web L1 Entities L2 People L3 Ownership L4 Chain L5 Sites L6 Sanctions L7 Timeline L8 Patterns L9 87 L10 L2 · DOSSIER
Producer Mahshahr / Bandar Imam SDN NPWMD / IFSR
Karun Petrochemical Co. پتروشیمی کارون
Mahshahr isocyanates complex (TDI/MDI) sitting on Arvand chlorine and BIPC toluene. Iran’s polyurethane building-block plant. Almost wholly owned by Bandar Imam, so PGPIC control is nested.
Short Karun
Founded 2001
Area 34 ha
PGPIC 69%
Site PSEEZ Site 4, Mahshahr PRODUCTS TDI · MDI · Aniline · Mononitrobenzene · MPDA
LINES Product kt Feed Licensor TDI 40 — Chematur MDI grades 40 — Chematur Aniline 30 — — Mononitrobenzene 40 — —
OWNERSHIP BIPC 99.97% — BIPC vehicle — PGPIC control is one layer up ANALYST NOTES Site 4, Bandar Imam. Chematur licenses. Feeds construction, automotive, insulation, adhesives — a downstream of the chlor-alkali chain, not a polyolefin play. 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 87