Its role Owner
Ilam Petrochemical Company is an Iranian petrochemical producer focused on olefins and polyolefins. It operates a major complex in Chavar County, Ilam Province, western Iran, on a 122-hectare site that processes feedstocks from the adjacent Ilam Gas Refinery.
The facility includes an olefin unit based on Stone & Webster technology with annual capacities of approximately 458,000 tons of ethylene, 124,000 tons of propylene, and other products such as pyrolysis gasoline and liquid fuel. Downstream, a high-density polyethylene (HDPE) plant with 300,000 tons annual capacity uses Mitsui technology. The complex supports Iran's West Ethylene Pipeline project and regional industrial development.
Established in 2003 and formally registered in 2005 as a private joint stock company, it forms part of the Persian Gulf Petrochemical Industries Company (PGPIC) group. Key shareholders include the Investment and Development Group of Persian Gulf Petrochemical Industries (around 59%), Tamin Oil, Gas and Petrochemical Investment (17%), and National Pension Funds Investment (17%). The company contributes to value-chain completion in Iran's petrochemical sector and supplies domestic and export markets.
Also known as Ilam Petrochemical Co..
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