EghtesadOnline: The government’s plan to sell its shares in the Persian Gulf Petrochemical Industries Company ( PGPIC ) fell flat as buyers failed to provide robust guarantees, head of the Iranian Privatization Organization said.

EghtesadOnline: The Iranian Privatization Organization is ceding the remaining government shares in the Persian Gulf Petrochemical Industries Company ( PGPIC ) in three phases to end Wednesday.

EghtesadOnline: The Iranian Privatization Organization has finalized plans to divest the remaining government shares in the Persian Gulf Petrochemical Industries Company ( PGPIC ), the IPO chief said.

EghtesadOnline: Managing Director of Persian Gulf Petrochemical Industries Company ( PGPIC ) Adel Nejad-Salim on Tuesday invited Iranian and foreign investors for joint venture cooperation to carry out petrochemical projects.

EghtesadOnline: The National Iranian South Oil Company has signed contracts with Maroun Petrochemical Company in Mahshahr and Persian Gulf Petrochemical Industries Company ( PGPIC ) to capture flare gas from oilfields in Kohgilouyeh- Boyerahmad and Khuzestan provinces, the NISOC managing director said.

EghtesadOnline: Persian Gulf Petrochemical Industries Company ( PGPIC ) and a European company signed an agreement worth €3 billion to build a petrochemical plant in Asaluyeh in order to produce two types of polymers for the first time in Iran, the CEO of PGPIC announced.

EghtesadOnline: Japan’s Itochu Corporation signed a deal on Saturday to purchase 11,000 tons of polyethylene per month from the Persian Gulf Petrochemical Industries Company ( PGPIC ).