PGPIC

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).