Info:
Petrochemical Commercial Company was established in 13 July 1990, According to the Iranian petrochemical industry needs and as a trade arm of all the petrochemical complexes in Iran with the National Petrochemical Company capital became as an independent company and active trader with subject of activities on petrochemical products in domestic and foreign markets, offering logistics services and etc;
Since November 2009, in line with the privatization and implementation of Article 44 of the Constitution, Petrochemical Commercial Company has changed its nature from the public to private sector (with The transfer of 52% of the shares to the Iran Investment Company) and as a trading company, has expanded their activity area in the field of investment, commerce and the finance sectors;
In addition, has been transferred to the private sector the 45% remaining shares in the form of Persian Gulf petrochemical industry company ( PGPIC). In 2015, PCC was introduced As a leading exporter and the national sample (among the top 5 exporting country) and the only major exporter in the field of petrochemical products by Trade Promotion Organization ( Ministry of Industry and Mines and Trade);
In 2015 , PCC exports was 4.6 million tons of polymer products, chemicals, gas liquids and related materials and etc. The main export destinations were as follows : China 42%, Middle East 28%, Africa 14%, Indian subcontinent 14% and Others 2%;
According to their official website shareholders of Iran Petrochemical Commercial Company are:
– Iran Investment Company – 49.69%
– Persian Gulf petrochemical industry company – 45%
– Toseh Eghtesadi Arian Company – 2.33
– Kala Bazar Iranian Company – 0.299
– Fala Sahel Iran Company – 0.031
– Other shareholders & employees – 2.65
Foreign affiliated companies: PCC England, PCC FZE, PCC Shanghai, PCC Germany, PCC India, PCC Beijing, PCC Guangzhou, PCC Singapore PTE LTD, Warehouse;
Local affiliated companies: Petro Exir Kish, Apadana Petro Bazargan, PTEC (Transportation), PPSC (Shipping), SPEC;
Industry:
Oil Industry
Established:
1990
Also Known As:
Petrochemical Commercial Company
Sherkate Basargani Petrochemie (Sahami Khass)
Etrochemical Commercial Company
IPCC
PCC
Country:
Iran
Address:
No. 1339, Vali Nejad Alley, Vali-e-Asr St., Vanak Sq., Tehran, Iran
Inony Cad. Sumer Sok. Zitas Bloklari C.2 Bloc D.H, Kozyatagi, Kadikoy, Istanbul, Turkey
Topcu Ibrahim Sokak No: 13 D: 7 Icerenkoy-Kadikoy, Istanbul, Turkey
99-A, Maker Tower F, 9th Floor, Cuffe Parade, Colabe, Mumbai 400 005, India
No. 1014, Doosan We’ve Pavilion, 58, Soosong-Dong, Jongno-Gu, Seoul, South Korea
Office No. 707, No. 10, Chao Waidajie, Chao Tang District, Beijing 100020, China
Phone:
+ 982182851
Web Site:
www.petrochem-ir.net
Reason for the color:
» June 7, 2019 – Treasury Sanctions Iran’s Largest Petrochemical Holding Group and Vast Network of Subsidiaries and Sales Agents;
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on 11/05/2018;