IN THE NAME OF GOD - pgpic.ir HRI 1996 Mixed xylenes 140 ״ ״ ״ Raffinate 241 ״ ״ ״ Paraxylene...

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IN THE NAME OF GOD

Transcript of IN THE NAME OF GOD - pgpic.ir HRI 1996 Mixed xylenes 140 ״ ״ ״ Raffinate 241 ״ ״ ״ Paraxylene...

IN THE NAME OF GOD

History ……………………………………………………… 4Investment basket ………………………………………… 6

Production Complexes ….........…...…...... 9

Direct production companies (owning management shares) 9

Bandar Imam Petrochemical Co. …………………....……8 • Faravaresh Bandar Imam Co. ………..……..……..10

• Kimia Bandar Imam Co. ……………..….…….……12• Basparan Bandar Imam Co. ………..…...…………14• Abniroo Bandar Imam Co. ………..……….….....…16• Kharazmi Bandar Imam Co. ………..….…......…… 18

Arvand Petrochemical Co. ………………………….....… 20Buali Sina Petrochemical Co. ………………….…...…... 22Shahid Tondgoyan Petrochemical Co. (Phase 1) …..… 24Shahid Tondgoyan Petrochemical Co. (Phase 2) …..… 26Khouzestan Petrochemical Co. …………………...…...….28Nouri (Borzuyeh) Petrochemical Co. ………………...…30Pars Petrochemical Co. ...........…………………….....… 32Fajr Petrochemical Co. ............…………………….....… 34Mobin Petrochemical Co. .......……..……………….....….36

Indirect production companies (owning management shares)

Arya Sasol Polymer Co. ..........…………………….....… 38Karoon Petrochemical Co. (Phase 1) .…………….....…40Urmia Petrochemical Co. …...................………….....…42Ilam Petrochemical Co. ..…...................………….....… 43Mehr Petrochemical Co. ..…...................………….....… 44

Projects ….........…...…....….........…...…....…........45

Direct Projects (owning management shares)

Karoon Petrochemical Co. (Isocyanides – Phase 2) ……… 46Veniran Apadana Petrochemical Co. (11th Methanol) …… 48Hormoz Petrochemical Co. (13th Urea/Ammonnia) .….…… 49Hengam Petrochemical Co. (14th Urea/Ammonnia) ..……… 50

Indirect Projects (owning management shares)

Kazerun Petrochemical Co. (HDPE/LLDPE) .............…… 51Broujen Petrochemical Co. (HDPE) ......................…… 52Dehdasht Petrochemical Co. (HDPE) ...................…… 53Ilam Petrochemical Co. (13th Olefin) .....................…… 54Mamasani Petrochemical Co. (HDPE) ....................…… 56Lordegan Urea Fertilizer Co. (11th Urea/Ammonia) ....…… 57Gachsaran Petrochemical Co. (8th Olefin) .............…… 58Assaluyeh Sadaf Chemical Co. (ESBR) ..................…… 59

Service Companies…....….........…....…........61

Rahavaran Fonoon Petrochemical Co. ................…… 62Pazargad Non-Industrial Operations Co. .............…… 63Petrochemical Non-Industrial Operations & Service Co. 64Petrochemical Industries Development Co. (PIDMCO) 65Petrochemical Commercial Co. (PCC) .................….…66National Petrochemical Company International (NPCI) 67Terminals & Tanks Petrochemical Co. ..................….… 68Iranian Investment Petrochemical Group (Petrol) ….… 70

Contents

4 Persian Gulf Petrochemical Industries Company

Persian Gulf Petrochemical Industries Company (PGPIC) was established in October 2008 in line with the implementation of Article 44 of the Constitution on the basis of Authorization No. 161681 of transferring commission to transfer the shares of 15 petrochemical companies including Bandar Imam, Shahid Tondgoyan, Buali Sina, Nouri, Pars, Arvand, Khuzestan, Fajr, Mobin, Rahavaran Fonoon, Mahshahr non-industrial operations, Pazargad non-industrial operations, Petrochemical Industries Development Management (PIDMCO), NPC International and Petrochemical Commercial Co. (PCC). Its formation sought to maintain the integrity of the Iranian petrochemical industry and obtaining the objectives of 2025 Iran vision plan. The company was transferred to the private sector in 3 stages. 40% of its shares were allocated to provincial investment companies according to the cabinet authorization dated July 2009 for justice shares. In the first stage, 5% of shares were transferred to Tehran Stock Exchange in April 2013 for price discovery. In the second stage, 17% of its shares were transferred by auction to NIOC’s Pension, Saving & Welfare Fund in June 2013. Therefore, holding 62% shares of the private sector and non-governmental organizations, PGPIC was separated from governmental sector since June 2013 acting as the country's largest petrochemical holding with more than 22 million tons output capacity of producing 40% of Iran's petrochemicals encompassing over 350,000 billion Rials capital as the largest and most important member of the stock exchange entered the private sector possessing about 11% of the stock market. In the third stage, a 17% block of the company’s shares was released in March 2014. The block was jointly purchased by Oil, Gas & Petrochemical Investment Supply (Tapico) and the NIOC’s pension fund in a 50-50 partnership.

At present, the latest shareholders are as follows: l 40% Justice Shares l 25.5% NIOC Pension, Savings and Welfare Fundl 21% NPCl 8.5% Tapicol 5% General public (through Tehran Stock Exchange)

History

5Persian Gulf Petrochemical Industries

Company

The present nominal capacity of the PGPIC production complexes is as follows:

l The capacity of the direct production companies (owning management share): 22 million tonsl The capacity of the companies indirectly (owning management share): 2.3 million tonsl Direct projects capacity (owning management share): 5.4 million tonsl Indirect projects capacity (owning management share): 5.3 million tons

PGPIC method for interacting with its subsidiaries The holding company should clarify its engagement and behavioral style with its subsidiaries. In fact, after determination of a general orientation, the interaction trend with subsidiaries has vital role. Interaction is important in order to achieve a reasonable trust in well performance and to move in line with the general orientation of holding company in respect to its subsidiaries. Holding companies apply three different styles, with their own specific characteristics for each to interact, communicate and control of subsidiaries. These three styles are as follows:

1- Strategic Planning2. Financial Control3- Strategic Control

Strategic control model is placed between two other models and act as a communication bridge between strategic planning and financial control. In this model the Holding board determines the strategies. and has the minimum roles are as follows: the defining the organization macro strategies especially in the allocation of resources and control methods, the defining balanced activities for companies and the mission of each, the defining and controling organizational policies, promoting innovation and organizational learning, standards defining and assessing of the efficiency of subsidiary companies and creating the necessary institutional changes to promote efficiency.Persian Gulf Petrochemical Industries Company (PGPIC) has conducted “strategic control style” to interact with its subsidiaries.

6 Persian Gulf Petrochemical Industries Company

7Persian Gulf Petrochemical Industries

Company

Geographic Location: Bandar Imam Petrochemical Complex is located on the northwest side of the Persian Gulf at Khuzestan Province at a distance of 160 km to the southeast of Ahwaz and 84 km to the east of Imam Khomeini port.Area: 270 HectaresFounded in: 1971 (In 1972 a Joint Venture agreement between the National Petrochemical Company of Iran and five Japanese companies was signed)Ownership: Persian Gulf Petrochemical Company (69.27%), Justice Shares Broker Co. (30%), Preferred Stock (0.73%)Management Structure: In line with decentralization policy in 2000, BIPC restructured its management organization by establishing five independent subsidiaries as follows in order to boost its productivity and a better potentiality achievement.BIPC’s subsidiaries include:

Bandar Imam Petrochemical Complex (BIPC)

Production Companies / Direct

8 Persian Gulf Petrochemical Industries Company

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n Faravaresh Bandar Imam Co.n Kimia Bandar Imam Co.n Basparan Bandar Imam Con Abniroo Bandar Imam Co.n Kharazmi Bandar Imam Co.

VCMEDC

Production Process

MIXED XYLENES (IMPORT)

NAPHTHA

AR

MIXED XYLENESPX

NFNGLOL

MTBE

SALT

LEAN GAS

SP CA

DC

VCM PVC

BD SRC4 CUT

ETHYLENE

PROPYLENE

HEAVY AROMATICS

BENZENE

RAFFINATE

PARAXYLENE

C5+

C4

C3

C4

C3

C4

C2C1 & C2

FUEL GAS

SALT

BUTANE

METANOL

BUTANE(Liquid)

C5+

PROPANE (Liquid)

PYROLYSIS GASOLINE

PP

LD 2

LD 1

HD

PRPYLENEC4.RAFFINATE

SBR

HDPE

LDPE

PP

STYRENE

EDC

PVC

NaOH(50%)

HCI

JAVEL WATER

MTBE

9Persian Gulf Petrochemical Industries

Company

10 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zone

l Area: 120 hectares

l Founded in: 1999

l Ownership: BIPC (100%)

Product Final (‘000 t/y) Feed Licensor Production date

Ethylene 411 Ethane, butane, C5+ Lummus 1993

C4Cut 80 ״ ״ ״

Pyrolysis gasoline 113.5 ״ ״ ״

Fuel oil (C.F.O) 21.6 ״ Parsons ״

Ethane 565 NGL ״ NF2(1990)NF1(1995)

Propane 1090 ״ ״ ״

Butane 908 ״ ״ ״

C5+ 768 ״ ״ ״

Benzene 230 Naphtha Engel Hard,UOP, HRI 1996

Mixed xylenes 140 ״ ״ ״

Raffinate 241 ״ ״ ״

Paraxylene 180 Mixed Xylenes IFP 2000

Faravaresh Bandar Imam Co.

Input feed Amount (‘000 t/y) Source

NGL 3,200 NIOC

Naphtha 1,000 Abadan refinery

Mixed xylenes 74 Import

l NF3 unit of Bandar Imam with a production capacity of 443 000t/y Ethane, 870 000 t/h of propane; 688 000t/y of Butane; 649 000t/y of C5 Cut and heavier and also 35 thousand tons of Gas Fuel has been exploited. This unit does not mention in the above table until adequate food supply by upstream sources.

Production Companies / Direct

11Persian Gulf Petrochemical Industries

Company

Products ApplicationEthane (C2), Butane and C5 which are the output from Gas-Liquid separation (NF) plant provide the feedstock for olefins & fuels.Output from the olefin plant provides the main feedstock for the BIPC’S polymer plants.Benzene, mixed xylenes & paraxylene which are the output of Aromatic plants are used in the production of paints, plastic industries, production of PTA and chemical industrial solvents.

12 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zonel Area: 31 hectares (process plants) and 1550 hectares salt lakel Founded in: 1999 (Kimia Bandar Imam Co.)l Ownership: BIPC (100%)

Kimia Bandar Imam Co.

Product Final (‘000 t/y) Feed Licensor Production

date

Sodium chloride 520 Sea Water Technocell 1994

Caustic Soda 250 Salt Denora ״

Cholorine (GAS) 221 Salt Denora ״

HCL (33%) 63.3 Chlorine/Hydrogenor Hydrogen chloride

Lorrian,Arbon+SGL ״

Javel Water 6.6 Chlorine & Caustic Soda Denora ״

EDC (DC) 300 Chloro & Ethylene Tosoh ״

EDC(OXY) 140 HCL, Ethylene / Oxyigen ״ ״

VCM 180 EDC ״ ״

MTBE 500 Methanol,Butane UOP 2002

Product Applications Detergents, industrial solvents, PVC, sugar industry, paper industry, unleaded gasoline, water andsewage treatment

Input feed Amount (m3/y) Source

Sea Water 21,000,000 Persian Gulf

DM Water for NaoH 365,000 Abniroo Bandar Imam Co.

Input feed Amount (‘000 t/y) Source

Butane 391 Faravaresh Bandar Imam Co.

Ethylene 126 Faravaresh Bandar Imam Co.

Methanol 187 Fanavaran Petrochemical Co.

Production Companies / Direct

13Persian Gulf Petrochemical Industries

Company

14 Persian Gulf Petrochemical Industries Company

Product Final (‘000 t/y) Feed Licensor Production

date

HDPE 150 Ethylene Mitsui 1994

LDPE 100 ״ Tosoh LD-1 (1995) LD-2 (1994)

Propylene (Polymer Grade) 50 ״ Tosoh ״

PVC 175 VCM HULS (Germany) 1995

C4 Raffinate 42 C4cut BASF(Germany) 1994

1,3 Butadiene 26 C4cut ״ ״

SBR 40 1,3 Butadiene & Styrene JSR(Japan) ״

Input feed Amount (‘000 t/y) Source

Ethylene (HD plant) 151.5 Faravaresh Bandar Imam Co.

Ethylene (LD plant) 108 ״

Propylene (PP plant) 61 ״

VCM (PVC plant) 180 VC plant, Kimia Bandar Imam Co.

C4Cut (SBR plant) 70 Faravaresh Bandar Imam Co.

Styrene (SBR plant) 8 Import

Basparan Bandar Imam Co.

Production Companies / Direct

l Location: Petrochemical Special Economic Zonel Founded in: 1999l Ownership: BIPC (100%)

15Persian Gulf Petrochemical Industries

Company

Product ApplicationLaboratory and plastic industry, detergents, Industrial tools, electronic industry, tires, cable Coating, pipes and joints, household appliances, toys and packaging.

16 Persian Gulf Petrochemical Industries Company

Ab Niroo Bandar Imam Co.

Input feed Amount (‘000 t/y) Source

Lean Gas 1,200 NIGC

Raw Water 36.5 Karoon River

Product Final Feed Licensor Production date

DM water 2,500 m3/h Raw water Kurita 1990

Steam 1,700 t/h DM water, Return condensate Kawazaki ״

Power 260 MW Fuel Toshiba/ABB ״

Industrial Air 92,000 Nm3/h Air Mitsui ״

Nitrogen 18,000 Nm3/h Compressed air Kobe, Airproduct ״

Liquid Nitrogen 1,500 kg/h ״ ״ ״

Product Application:Utilities for all BIPC plants

Production Companies / Direct

l Location: Petrochemical Special Economic Zonel Area: 22 hectares l Founded in: 1999 l Ownership: BIPC (100%)

17Persian Gulf Petrochemical Industries

Company

18 Persian Gulf Petrochemical Industries Company

Kharazmi Bandar Imam Co. is responsible for projects management, maintenance management and services management.Project Management: includes the supervision, planning and control of projects.Maintenance management: includes maintenance services, main workshop, instrument, electricity, telecommunication and critical machinesServices Management: includes social and welfare service for Bandar Imam Staff and their familiesOwnership: BIPC (100%)

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Production Companies / Direct

Kharazmi Bandar Imam Co.

19Persian Gulf Petrochemical Industries

Company

20 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zonel Area: 108 hectares l Founded in: 2003 l Ownership: PGPIC (80%), Petroleum Ministry Retirement & Welfare Fund (20%)

Product ApplicationFor production of detergents, industrial solvents, paper & sugar industries, sewage and water treatment, antiseptic …

Product Final (‘000 t/y) Feed Licensor Production

date

PVC (Suspension) 300 VCM VENOLIT (Germany) 2011

PVC (Emulsion) 40 VCM ״ 2011

EDC 890 Chlorine, Ethylene ״ 2010

VCM 343 EDC ״ 2011

Chlorine 585 Salt UDEH (Germany) 2010

Caustic Soda 660 Salt ״ ״

Sodium Hypochlorite 16.2 Chlorine, Naoh, OH ״ ״

Input feed Amount (000 t/y) Source

Ethylene 252 Ethylene Grade Network of Petrochemical Special Economic Zone

Salt 1,300 Local Market

Chloridric acid (Gas) 50 Karoon Petrochemical Co.

DM water 1400 Fajr Petrochemical Co.

Production Companies / Direct

Arvand Petrochemical Co.

21Persian Gulf Petrochemical Industries

Company

DM watar

VCM

EDCEDC

EDC

Salt

Caustic Soda

Chlor PurificationSodium Hypochlorite

Caustic Soda

Ethylene

Oxygen

Chloridric acid

SodiumHypochlorite

OxygenReactor

Ethylene

Hydrogen

ChlorChlor Alkali Unit

DCReactor

PurificationEDC Unit

S-PVC Unit S-PVC

E-PVC Unit E-PVC

Chloridric acid

VCM Unit

Production Process

22 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zonel Area: 36 hectares l Founded in: 1998 l Ownership: PGPIC (70%), Justice Shares Broker Co. (30%)

Product Final (‘000 t/y) Feed Licensor Production

date

Benzene 180 Condensates,Pyrolysis Gasoline

Axens,Uhde,

Sinopec2005

Paraxylene 400 ״ ״ ״

Orthoxylene 30 ״ ״ ״

Light Ends 350 ״ ״ 2004

Raffinate 199 ״ ״ ״

LPG 39 ״ ״ ״

C5 cuts 21 ״ ״ ״

Heavy cuts Naphtha 488 ״ ״ ״

Heavy cuts Pyrolysis Gasoline 11 ״ ״ ״

Heavy Aromatics 23 ״ ״ 2005

Product ApplicationParaxylene: in production of terephthalic acid or dimethyl terephthalic as well as intermediate material for polyester and fibers.Benzene: in production of styrene, 2-decylbenzene(for producing detergents), cyclohexene (for producing nylons), phenol and nitrobenzene for producing aniline and solvents.Orthoxylene: in the production of softeners, pharmaceuticals, Pesticides, paints and phthalic anhydride (PA).

Input feed Amount (000 t/y) Source

Condensate Gas 1,718 Pazanan Oil fields

Pyrolysis Gasoline 139 Amir Kabir Petrochemical CO.

Buali Sina Petrochemical Co.

Production Companies / Direct

23Persian Gulf Petrochemical Industries

Company

Process Block Diagram

Pyrolysis Gasoline

C5 CutsBTX BT

BTX

C8+A

C8+A

C9+A

Raffinate

(Poor P.X)MIX

Ortho . Xylene

Para-Xylenes

TOL

C9 A

T/X/C9 A

H 2

Heavy AR.

Raffinate

Pure Benzene

LIR

LPGH.ENDSH2

Light Naphtha

Light ENDS

Heavy END

Unit 200 Unit 300 Unit 400

Unit 800 Unit 900

Unit 700

Toluene AndC9

AromaticsTrans

alkylation

Unit 600

AromaticsFractionation

Unit 500

BT Extraction

Unit 100

PyrolysisGasoline

Hydrogenation

XylenesIsomerisation

Para-XylenesSeparation(Eluxyl Unit)

Naphtha Prefractionation

Naphtha Hidrotreating

NaphthaAromizing

Arom

izate

(BTX

)

Heavy Naphtha

24 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zonel Area: 34 hectares l Founded in: 1998 l Ownership: PGPIC (75%), Petroleum Ministry Retirement & Welfare Fund (15%), Justice Shares Broker Co. (10%)

Product ApplicationProduction of various bottle (for mineral water and other beverages), cans, packing for food and pharma-ceutical products, photography and radiology films, solid food packing, fiber for textile, cotton and artificial thread

Product Final (‘000 t/y) Feed Licensor Production date

PTA 350 Paraxylene,Acetic Acid Tecnimont (Italy) 2005

PET-A (bottle grade) 60 MEG, PTA Lurgi Zimmer (Germany) 2004

PET-B (fiber grade) 117.5 ״ ״ 2005

PET-C (fiber grade) 117.5 ״ ״ 2005

PET-D (bottle grade) 117.5 ״ ״ 2005

Input feed (for Phase 1) Amount (000 t/y) Source

Paraxylene 234 BIPC & Buali Sina

Acetic acid 22 Fanavaran Petrochemical Co.

MEG 140 Marun Petrochemical Co.

Shahid Tondgoyan Petrochemical Co. (Phase-1)

Production Companies / Direct

25Persian Gulf Petrochemical Industries

Company

CTA

H2

MEG

MEG

MEG

MEG

PTA

SSP - A

SSP - D

PET- POLY - APET Bottle Grade

PET Bottle Grade

PET Fiber Grade

PET Fiber Grade

P-Xylene

Acatic Acid

PET- POLY - B

PET- POLY - C

PET- POLY - D

Process Block Diagram - Phase 1

26 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zonel Area: 34 hectares l Founded in: 1998 l Ownership: PGPIC (75%), Petroleum Ministry Retirement & Welfare Fund (15%), Justice Shares Broker Co. (10%)

Product ApplicationProduction of various bottle (for mineral water and other beverages), cans, packing for food and pharmaceutical products, photography and radiology films, solid food packing, fiber for textile, cotton and artificial thread

Product Final (‘000 t/y) Feed Licensor Production date

PTA 350 Paraxylene,Acetic Acid MHI 2006

PET-F (bottle grade) 132 MEG, PTA Noyvallensina 2007

PET-G (fiber grade) 158 ״ ״ 2012

PET (staple grade) 66 ״ ״ 2009

PET (POY grade) 66 ״ ״ 2017

Input feed (for Phase 2) Amount (000 t/y) Source

Paraxylene 233 BIPC & Buali Sina

Acetic acid 147 Fanavaran Petrochemical Co.

MEG 132 Marun Petrochemical Co.

Shahid Tondgoyan Petrochemical Co. (Phase-2)

Production Companies / Direct

27Persian Gulf Petrochemical Industries

Company

Solid StatePolycondensation

PET (POLY - F)

PET (POLY - G)

PET (POLY - H)PST

POY

STAPLEunit

POLYSpirning

unit

H2

MEG

MEG

MEG

P-Xylene

Acatic Acid

Process Block Diagram - Phase 2

CTA PTA

PET Bottle Resin

PET Fiber chip

28 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zonel Area: 10 hectares l Founded in: 1997 l Ownership: PGPIC (70%), Justice Shares Broker Co. (30%)

Product Final (‘000 t/y) Feed Licensor Production date

Liquid epoxy resin 5 Epichlorohydrine,Bisphenol A Salzgitter 2003

Solid epoxy resin 5 ״ ״ 2003

Polycarbonates 25 Phosgene, Bisphenol A ״ 2007

Bisphenol A 30 Phenol+Aceton ״ 2007

Input feed Amount (000 t/y) Source

Caustic Soda (50%) 20 Arvand Petrochemical Co.

Aceton 8.3 Imported

Phenol 26.7 ״

Epichlorohydrin 5.2 ״

Chlorine (98% Gas) 10 Arvand Petrochemical Co.

Natural Gas 2.6 Mm3/y Fajr Petrochemical Co.

Product ApplicationEpoxy resin: Interior protective coatings of oil and gas pipes to prevent corrosion, in production of paints, adhesive, floor covering, reinforced containers and polymer cements used for buildings and bridges construction.Polycarbonate: In auto industry, hygienic & pharmaceutical industry, glasses, contact lens, dialysis equipments…, and electricity and computer industries.

Khouzestan Petrochemical Co.

Production Companies / Direct

29Persian Gulf Petrochemical Industries

Company

Production Process

30 Persian Gulf Petrochemical Industries Company

l Location: Pars Special Economic Energy Zonel Area: 61 hectares l Founded in: 2002 l Ownership: PGPIC (76/55%), TAPICo. (17%), Petroleum Ministry Retirement & Welfare Fund (6/45%)

Product ApplicationParaxylene is used in production of PTA, DME as well as intermediate feedstock for polyester and fiber.Benzene is used in the production of Styrene. Dodesyl Benzene for detergents, Cychlohexene (for Nylon), Phenol and Nitrobenzene (for Anylene production) and solvents.Orthoxylene is used for production of softeners and pharmaceuticals, pesticides, paints and anhydride phethalic.

Product Final (‘000 t/y) Feed Licensor Production date

Paraxylene 750

Condensates,PyrolysisGasoline

AxensUHDE

SINOPECJuly 2007

Benzene 430

Orthoxylene 100

Heavy Ends 2000

Heavy Aromatics 16

Raffinate 380

Light Ends 680

LPG 76

C5 cut 47

Input feed Amount (‘000 t/y) Source

Condensates 4,500 South pars phases

Pyrolysis gasoline 270 Jam Petrochemical Co.

Nouri (Borzuyeh) Petrochemical Co.

Production Companies / Direct

31Persian Gulf Petrochemical Industries

Company

Production Process

Unit 100 PG Hydrogenation

Unit 400 Reformate & Aromatics Separation

unit 700 Paraxylene Separation

unit 800 Xylenes

Isomerization

unit 600 & 650 Disproportionation & Transalkylation

Unit 500BT Extraction

Unit 300Catalytic

Reforming

Unit 250Hydrotreating

Unit 200Gas Cond

Prefractionation

Unit 950

PG

LPG

BT

Unit 350

Raffinate

HPG C8 Ar

C6- C7 Cut

Aromizate

HeartCut

Catalyst RegenerationGas

Condesate

Light Ends

Purified Light ends

Toluene Benzene

Heavy Aromatics

Raffinate

Paraxy Lenes

Ortoxy Lenes

Heavy Ends

C5 Cuts

Heay ends

32 Persian Gulf Petrochemical Industries Company

Pars Petrochemical Co.

Product Final (‘000 t/y) Feed Licensor Production date

Ethane 1,600 Reach gas Linde 2006

Propane 980 ״ ״

Butane 570 ״ ״

C5+ 86 ״ ״

Ethyl benzene 645 Ethylene / Benzene Snamprogetti 2009

Styrene Monomer 600 Ethyl benzene ״ 2009

Input feed Amount (‘000 t/y) Source

Reach gas 19,800 South Pars phases 1,2,3

Ethylene 173 Arya Sasol Polymer Co.

Benzene 470 Nouri & Buali Petrochemical Co.

l Location: Pars Special Economic/Energy Zonel Area: 23 hectares +140 hectars for EB/SMl Founded in: 1999 l Ownership: PGPIC (60%), SATA (40%)

Production Companies / Direct

33Persian Gulf Petrochemical Industries

Company

Product ApplicationEthane, Butane & Pentane as feed for Olefins unitStyrene Monomer as feed for Styrene, rubber, resins, adhesives, solvents, textile, ABS, SBR, SAN

Production ProcessEthane

Ethane Extraction

Unit

Ethyl Benzene

Unit

Styrene Monomer

Unit

Propane

Butane

C5+

Styrene MonomerEthyl Benzene

Benzene

EthyleneEthylene

NG from South Pars phases 1,2&3

Return light gas

34 Persian Gulf Petrochemical Industries Company

Fajr Petrochemical Co.

Product Final Feed Licensor Production date

Electricity 1,483 MW Natural Gas, Gas Oil Alstom 2003

Steam 1,788 t/h DM Water KAWAZAKI ״

Nitrogen (Gas) 51,000 nm3/h

Air

Air Product(1st & 2nd train);

Air Liquid(3rd train)

2002 (Train 1&2)2006(Train 3)

Nitrogen (Liquid) 3 T/h

Oxygen (Gas) 40,500 nm3/h

Oxygen (Liquid) 42 T/h

Instrument Air 42,500 nm3/h Air Product 2002

Service Air 31,500 nm3/h Air Liquid (Train 3) 2006

Argon (Liquid) 375 kg/h

Vatech 2002

RO Water 10,530 m3/h Service Water

DM Water 3,430 m3/h RO Water

Service Water 800 m3/h Clarified Water

Clarified Water 16,800 m3/h Karoon River

Potable Water 375 m3/h Mixed RO+DM Water

Boilers Water 2,784 m3/h DM Water

Fire Water 14,630 m3/h Clarified Water

Input feed Amount Source

Natural Gas 12 Million m3/h NIGC

Karoon River Water 7000 m3/h Water Organization

l Location: Petrochemical Special Economic Zonel Area: 54 hectares l Founded in: 1990 l Ownership: PGPIC (70%), Justice Shares Broker Co. (30%)

Production Companies / Direct

35Persian Gulf Petrochemical Industries

Company

Production Process

DM water

Power Plant

Air Seperation Unit

1st & 2nd Sewage Treatment

Power Plant

Water Treatment

Fuel Gas

Air(Atmosphere)

Sewages

Raw Water

Air(Atmosphere)

Fuel Gas

Raw Water

Fajr-Phase 1

Fajr-Phase 2

RO WaterDM Water

Service WaterFirefighting Water

SteamElectricity

B.F.W

Oxygen & NitrogenInstrument & Service Air

Argon

Service WaterPurified Sewages

RO WaterDM Water

Service WaterFirefighting Water

SteamElectricity

B.F.W

Oxygen & NitrogenInstrument & Service AirAir Seperation

Unit

36 Persian Gulf Petrochemical Industries Company

Mobin Petrochemical Co.

Product ApplicationUtilities for all Petrochemical Plants at Pars Special Economic/Energy Zone

Product Final Feed Licensor Production date

Electricity 986 MW Natural Gas GE 2004 & 2010

Steam 2,855 T/h DM Water Foster Wheeler 2005

Fresh Water 1,560 m3/h Sea Water SIDEM 2004

DM & Condense Water 2,700 m3/h Fresh Water;

Return Condense SIDEM/COMARReady for start-up

Potable Water 100 m3/h Fresh water

2005 & 2011

Oxygen 168,000 Nm3/h

Atmosphere LINDE

Oxygen 50,400 Nm3/h

Nitrogen 96,000 Nm3/h

Service Air 8,500 Nm3/h

Instrument Air 22,000 Nm3/h

Service Water 150 m3/h Water BAMAG 2007

Cooling Water 386,000 m3/h

Sea Water Sadra 2006Cooling Water(Closed Loop) 81,000 m3/h

Input feed Amount Source

Natural Gas 24 million m3/h Pars Oil & Gas Co.

Sea Water - Persian Gulf

l Location: Petrochemical Special Economic Zonel Area: 110 hectares l Founded in: 1990 l Ownership: PGPIC (100%)

Production Companies / Direct

37Persian Gulf Petrochemical Industries

Company

Production Process

B.F.W

OxygenNitrogen

Instrument AirService Air

Service Water

Electricity

Steam

DM Water

Fresh Water

Open Loo Heat Exchangers

Cold Water

Hot Water

Sea Water

Sea Water

Fuel Gas

Returned Condense

Air(Atmosphere)

Industrial Sewages Water

Treatment

Air Seperation

Power Plant

DM Water

Fresh Water

Sea Water

Sea Water

Closed Loop Plate Heat Exchangers

Pool

MED Unit

DM Treatment

38 Persian Gulf Petrochemical Industries Company

Arya Sasol Polymer Co.

Product Application:LDPE: for films, bags, containers, cable coatings and industrial partsHDPE & MD: for home appliances, films, industrial parts, containers, pipes, plastic bottlesEthylene: as feedstock for polymer plants

Product Final (‘000 t/y) Feed Licensor Production date

Ethylene 1000 Ethane Technip 2007

C3+ 90 Ethane Technip 2007

LDPE 300 Ethylene Sabtec 2008

HDPE/MD 300 Ethylene Basell 2008

Input feed Amount (000t/y) Source

Ethane 1,267.5 Pars Petrochemical Co.

Hexene-1 7.2 Imported

Propylene 4.2 Jam Petrochemical Co.

Hexane 87 Imported

Production Companies / Indirect

l Location: Pars Special Economic Energy Zonel Area: 72 hectares l Founded in: 2003 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Pars Petrochemical Co. & SPG

39Persian Gulf Petrochemical Industries

Company

Production Process

LDPELDPE

MD/HDPE

Hydrogen Network

C3+

Ethylene

EthaneOlefin

HDPE/MD

40 Persian Gulf Petrochemical Industries Company

Karoon Petrochemical Co. (Phase-1)

Product ApplicationRaw material for production of various kinds of polyurethanes, construction industry, auto industry, insulations, false ceilings, sponges, adhesives, refrigerator parts.

Product Final (‘000 t/y) Feed Licensor Production date

TDI 40CL2, CO, Hydrogen

Chematur 2008Nitric Acid 64% 88 Ammonia

Chloridric Acid(33%) 116 Toluene Nitric

Acid

Sodium Hypochlorite 4 Caustic Soda, CL

Input feed Amount (000t/y) Source

Toloene 25.3 Esfahan Petrochemical Co.

Chlorine 36.6 Arvand Petrochemical Co.

Hydrogene 4.3 Fanavaran Petrochemical Co.

CO 15.2 Fanavaran Petrochemical Co.

Ammonia 17 Shiraz Petrochemical Co.

Caustic Soda (50%) 14 Arvand Petrochemical Co.

Production Companies / Indirect

l Location: Petrochemical Special Economic Zonel Area: 34 hectares l Founded in: 2002 l Ownership: BIPC (40.28 %), Chemature of Sweden (30.61%), Petrochemical Industries Investment Co. (20.41%), PCC (8.16%)

41Persian Gulf Petrochemical Industries

Company

TDI

Production Process

Chloridric AcidTDI UnitCDC Unit

DNT Unit MTD Unit

Nitric AcidNitric Acid UnitAmmonia

Toluene

Hydrogen

Co

Chlorine

Caustic Soda Sodiom Hypochlorite

Chlorine Purification & Sodiom Hypochlorite

Production Unit

42 Persian Gulf Petrochemical Industries Company

Urmia Petrochemical Co.

Product ApplicationCrystal melamine: In production of resinsAmmonia Sulfate: In production of leather, batteries, paint and agricultural industries

Product Final (‘000 t/y) Feed Licensor Production

date

Crystal melamine 4.4 Ammonia, Urea GNCCC 1996

Ammonia Sulfate 13.2 Sulfuric Acid, Ammonium carbonate ״ ״

Sulfuric Acid * 50 Sulphur KSJ 2015

Input feed Amount (‘000 t/y) Source

Urea 16.7 Urea plants

Ammonia 1.32 Ammonia plants

Sulphur 6.6 Phosphate Kaboodan Urmia Chemical Co.

l Location: Urmia, 30th Km of Urmia City – Mahabad Roadl Area: 110 hectares l Founded in: 1991 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Co. (Petrol)

* New Project (Under Construction)

Production Companies / Indirect

43Persian Gulf Petrochemical Industries

Company

l Location: Ilaml Area: 108 hectares l Founded in: 2004 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol)

Product applicationIn production of plastics like pipes, Cable coverage, film, …

Product Final (‘000 t/y) Feed Licensor Production date

HDPE 300 Ethylene Mitsui (MCI) 2013

Input feed Amount (‘000 t/y) Source

Ethylene 305Ethylene Grade Network of Petrochemical Special Economic Zone

Butene - 1 3.3 Local sources

Product ApplicationIn production of plastics like pipes, Cable coverage, film, …

Ilam Petrochemical

Production Companies / Indirect

44 Persian Gulf Petrochemical Industries Company

Mehr Petrochemical Co.

Product ApplicationIn production of plastics like pipes, Cable coverage, film, …

Product Final (‘000 t/y) Feed Licensor Production date

HDPE 300 Ethylene Mitsui (MCI) 2010

Input feed Amount (‘000 t/y) Source

Ethylene 305 Jam and other petrochemical complexes

Butene - 1 3.3 Imported/Jam petrochemical Co.

Production Companies / Indirect

l Location: Pars Special Economic/Energy Zone (Site 2)l Area: 13 hectares l Founded in: 2005 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via NPC International

45Persian Gulf Petrochemical Industries

Company

46 Persian Gulf Petrochemical Industries Company

Karoon Petrochemical Co. Isocyanates Phase-2

Product Capacity(‘000 t/y) Final

Methylene diphenyl di-isocyanate (MDI) 40

Chloridric acid 33% 45

Total 85

Input feed Capacity (‘000 t/y) Source

CO(98%) 9.5 Fanavaran Petrochemical Co.

Ammonia 16.5 Razi Petrochemical Co.

Sulphuric acid 0.12 Razi Petrochemical Co.

Chlorine (99.6%) 22.8 Arvand Petrochemical Co.

Hydrogen 2.5 Fanavaran Petrochemical Co.

Benzene 26 Bandar Imam Petrochemical Co./Buali Sina Petrochemical Co.

Formaldehyde 5.5 Import

Caustic soda 12 Bandar Imam Petrochemical Co.

l Location: Mahshahr Special Economic Zone l Area: 34 Hectares (Phase 1 & 2)l Start date: 2006l Project Production Date: 2015 l Ownership: Bandar Imam Petrochemical Co. (40.9%), Chematur of Sweden (30.6%), Petrochemical Industries Investment Co. (Petrol) (20.4%), Petrochemical Commercial Co. (8.1%)

Projects / Direct

47Persian Gulf Petrochemical Industries

Company

n License & basic engineering, detailed engineering: Chematur Co. of Sweden

n procurement, Erection & construction: Tanavob Co. / Kharazmi Co.

n Major local manufactures: Sadid Jahan Sanat, Oxin Sanat & Iran Tablo

n Physical Progress (March 2015): 97.18%

n procurement: Tanavob Co. / Kharazmi Co.

Product ApplicationRaw material for polyurethanes (for the production of foam and sponges), refrigeration parts, automobile parts, insulations, Floor Covering, urethane elastomers, adhesives, shoes industry & …

48 Persian Gulf Petrochemical Industries Company

Veniran Apadana Petrochemical Co. 11th Methanol

Product ApplicationFor production of MTBE (a gasoline additive which boots the octane levels), acetic acid, solvents, resins, formaldehydes, anti-freeze, various types of plastics, DME, MTP and MTO

Product Capacity(‘000 t/y) Final

Methanol 1,650

Input feed Capacity Source

Natural gas 1,500 mm3/y South Pars Oil & Gas Co.(Via Damavand Petrochemical Co.)

n License & Basic: Casale

n Detailed Engineering & procurement: PIDEC, TKT

n Civil & construction: Boutiz Sazeh

n Physical Progress (March 2015): 14.44%

l Location: Pars Special Economic/Energy Zone (Phase 2)l Area: 9 Hectares l Start date: 2012l Project Production Date: 2018 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC)

Projects / Direct

49Persian Gulf Petrochemical Industries

Company

Hormoz Petrochemical Co. 13th Ammonia/Urea

Product ApplicationAs chemical fertilizer for agriculture purposes

n License: Ammonia Casale, Urea/TOYO

n Basic: PIDEC

n Detailed Engineering, procurement, Erection, Construction & Commissioning: PIDMCO

n Physical Progress (March 2015): 5.3%

Input feed Capacity Source

Natural gas 673 mm3/y South Pars Oil & Gas Refinery Co.(Via Damavand Petrochemical Co.)

Product Capacity(‘000 t/y) Intermediate Final

Ammonia 682 70

Urea - 1,072

Total 1,150

Projects / Direct

l Location: Pars Special Economic/Energy Zone (Phase 2)l Area: 24.45 Hectares l Start date: 2014l Project Production Date: 2018 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC)

50 Persian Gulf Petrochemical Industries Company

Hengam Petrochemical Co. 14th Ammonia/Urea

Product ApplicationAs chemical fertilizer for agriculture purposes

n License & Basic engineering: Haldor Topsoe/SAIPEM

n Detailed Engineering, Procurement, Erection, Construction & Commissioning: PIDEC, IES of China

n Physical Progress (March 2015): 18.82%

Product Capacity(‘000 t/y) Intermediate Final

Ammonia 726 125

Urea - 1,072

Total 1197

Input feed Capacity Source

Natural gas 649 mm3/y South Pars Oil & Gas Co.

Projects / Direct

l Location: Pars Special Economic/Energy Zone (Phase 2)l Area: 25.47 hectares l Start date: 2013l Project Production Date: 2017 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) (97.42%), Indonesia's Pursi (2.52%) via Iranian Petrochemical Investment Group Company (Petrol) (0.06%)

51Persian Gulf Petrochemical Industries

Company

Kazeroon Petrochemical Co. HDPE/ LLDPE

Product ApplicationProduction of pipes, bottles, containers, film, home appliances & industrial parts,…

n Engineering, Procurement, Erectin & Construction: AVIC/HFECn Physical Progress (January 2015): 1.92%

Input feed Amount (000t/y) Source

Ethylene 290 West Ethylene Pipeline (Gachsaran Petrochemical Co.)

Butene - 1 24 Petrochemical Complexes

Product Capacity(‘000 t/y) Final

HDPE/ LLDPE 300

Projects / Indirect

l Location: Kazeroon Cityl Area: 53 hectares l Start date: 2013l Project Production Date: 2017 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol)

52 Persian Gulf Petrochemical Industries Company

Boroujen Petrochemical Co. HDPE

Product ApplicationProduction of pipes, bottles, containers, film, home appliances & industrial parts,…

n License & basic engineering: Lundel Basell

n Detailed engineering, procurement, Erection & Construction: AVIC/HFEC

n Physical Progress (January 2015): 5.3%

Input feed Amount (000t/y) Source

Ethylene 305 West Ethylene Pipeline (Gachsaran Petrochemical Co.)

Butene - 1 5 Petrochemical Complexes

Product Capacity(‘000 t/y) Final

HDPE/ LLDPE 300

Projects / Indirect

l Location: Halvaie Desert of Boroujenl Area: 100 hectares l Start date: 2012l Project Production Date: 2017 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol) & Modaberan Eghtesad Co.

53Persian Gulf Petrochemical Industries

Company

Dehdasht Petrochemical Co. HDPE

n License & basic engineering: Lundel Basell

n Engineering, procurement, Erectin & Construction: AVIC/CNEEC

n Physical Progress (January 2015): 5.33%

Product ApplicationProduction of pipes, bottles, containers, film, home appliances & industrial parts,…

Input feed Amount (000t/y) Source

Ethylene 305 West Ethylene Pipeline (Gachsaran Petrochemical Co.)

Butene - 1 5 Petrochemical Complexes

Product Capacity(‘000 t/y) Final

HDPE 300

Projects / Indirect

l Location: Dehdasht, Kalachou Desertl Area: 102 hectares l Start date: 2012l Project Production Date: 2017 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol) & PIDMCO

54 Persian Gulf Petrochemical Industries Company

Ilam Petrochemical Co. 13th Olefin

*Before onstreaming Olefin, HDPE unit feed will be provided by west Ethylene Pipeline.

Product Intermediate Final

Ethylene 458 153

Propylene 124 120

HDPE* - 300

Pyrolysis gasoline - 134

Fuel oil - 33

C4 cuts 75 -

Total 440

Input feed Capacity (‘000 t/y) Source

Ethane 233 Ilam Gas Refinery

C3+cuts 328 Ilam Gas Refinery

C5+cuts 391 Ilam Gas Refinery

Butene-1 4 Jam Petrochemical Co.

Ethylene* 305 West Ethylene Pipeline (Kavian)

Product slate: (‘000 t/y)

Projects / Indirect

l Location: Ilam Cityl Area: 122 hectares l Start date: HDPE (2004) – Olefin (2007)l Project Production Date: HDPE (2013)* – Olefin (2016)l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol)

55Persian Gulf Petrochemical Industries

Company

n License & Basic Engineering: Stone & Webster (Olefin)

n Detailed Engineering: Nargan

n Procurement: ILPC & BINA Co.

n Construction & Comminssiong: STEAM

n Contractors of EPCC: n HDPE: MES / EIED n Olefin: Bina /Steam / Nargan Co.n Utility & offsite: Norhan sanaye Co.n Power & Steam: Tehran Sam Andish / Farab Co.n Desulphurisation: Delvar afzar Co.

n Physical Progress (March 2015): 61.41%

Product ApplicationAs raw materials for polyolefin, ethylene glycols and production of films, water and gas pipes, containers and plastic parts

56 Persian Gulf Petrochemical Industries Company

Mamasani Petrochemical Co. HDPE

n License & basic engineering: Basell

n Detailed engineering, procurement, Erectin & Construction: AVIC/HFEC

n Physical Progress (January 2015): 6.05%

Product ApplicationProduction of pipes, bottles, containers, film, home appliances & industrial parts, sewage pipes, sacks, …

Product Capacity(‘000 t/y) Final

HDPE 300

Input feed Amount (‘000t/y) Source

Ethylene 305 West Ethylene Pipeline (Gachsaran Petrochemical Co.)

Butene - 1 5 Local Petrochemical Complexes

Projects / Indirect

l Location: Mamasanil Area: 67 hectares l Start date: 2012l Project Production Date: 2017 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol)

57Persian Gulf Petrochemical Industries

Company

Lordegan Petrochemical Co. 11th Ammonia/Urea

Product ApplicationAs chemical fertilizer for agriculture purposes

n License: Ammonia Casale (Ammonia), Stami Carbon (Urea)

n Basic Engineering: Ammonia Casale (Ammonia), Hampa Co. (Urea)

n Detailed Engineering, procurement, Erection & Construction (EPCC): Hampa Co.

n Physical Progress (March 2015): 32.55%

Product Capacity(‘000 t/y) Intermediate Final

Ammonia 677 75

Urea - 1,073

Total 1,150

Input feed Capacity (mm3/y) Source

Natural gas 673 NIGC

Projects / Indirect

l Location: Lordegan, Charmahal Va Bakhtiaril Area: 100 hectares l Start date: 2007l Project Production Date: 2018 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol), Modaberan Eghtesad Co. and PIDMCO

58 Persian Gulf Petrochemical Industries Company

Gachsaran Petrochemical Co. 8th Olefin

Product ApplicationProviding feedstock for petrochemical units alongside the West Ethylene Pipeline (Dena Region)

n Basic & Detailed engineering: Alinam & Tehran Farayand

n Erection & Constraction: Fater Kosaran, Zidon koosh & Rampco.

n Procurement: Alinam, SPEC, Gachsarn petrochemical Co.

n Physical Progress (March 2015): 33.3%

Product Capacity(‘000 t/y) Final

Ethylene 1000

C3+ 84

Total 1090

Input feed Capacity (‘000t/y) Source

Ethane 1250 2nd Bid Boland Refinery Project

Projects / Indirect

l Location: Gachsaranl Area: 157 hectares l Start date: 2011l Project Production Date: 2018l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol)

59Persian Gulf Petrochemical Industries

Company

Assaluyeh Sadaf Chemical Co. ESBR

Product ApplicationProduction of tires, Cable and wire coatins, …

n License: Versalis

n Basic Detailed Engineering & Procurement Service: Tecnimont/Nargan

n Physical Progress (March 2015): 11.83%

Product Capacity(‘000 t/y) Final

ESBR 136

Input feed Capacity (‘000t/y) Source

Butadiene 84 Jam Petrochemical Co.

Styrene 26.4 Pars Petrochemical Co.

Projects / Indirect

l Location: South Pars Special Economic/Energy Zone (Phase 2) [Styrene Park]l Area: 7.3 hectares l Start date: 2011l Project Production Date: 2016 l Ownership: Persian Gulf Petrochemical Industries Co. (PGPIC) via Iranian Petrochemical Investment Group Company (Petrol)

60 Persian Gulf Petrochemical Industries Company

61Persian Gulf Petrochemical Industries

Company

62 Persian Gulf Petrochemical Industries Company

The company is located on the site No. 3 of the Petrochemical Special Economic Zone of Imam Khomeini Port (the center of the country's chemical factories and industries). Since 1998 it is responsible to offer technical education, specialized, HSE, general, language and computer courses for companies, institutions and those interested.

To promote the quantity and quality of the training courses, Rahavaran Fonoon Company has bought and installed the latest training equipments from Germany as well as the setting up and utilization of the electrical field workshops, instrumentation, mechanical, chemical, quality control, operation, turnery, welding, pilot, platforms, language and computer sites on the basis of the most modern educational standards and uses educational

Rahavaran Fonoon Petrochemical Co. (RFPC)

classrooms equipped with educational assistance supplies. The company has a capacity of receiving 1000 persons simultaneously round the clock serving them food and sleeping facilities, as well as transportation.

The most significant impact of training courses of this company is providing a platform for the trainees, interested and participants to workout practically in actual petrochemical plant sites making them familiar with the processes of production in a real atmosphere. In-service staff training courses in various educational activities are among the most important company's annual activities and at the end of each course a valid certificate would will be granted to the participants.n Ownership: Persian Gulf petrochemical Industries Company (100%)

63Persian Gulf Petrochemical Industries

Company

Based on the defined mission and considering operational & strategic policies of Persian Gulf Petrochemical Industries, this company was established to meet the main requirements of manpower in the region.

Developing and implementing a comprehensive action plan to strengthen cultural development infrastructures by relying on modern information technology, and realizing needs and interests of employees and their families as well as providing cultural resources, and educational and thes required plans to implement the policies and management of non-Industrial petrochemical industry operations, including the hand over and maintenance and up keeping the homes and service offices, public, educational, civic facilities in towns and related residential districts, the renovation, development and building the required new facilities are carried out by the company.

n Ownership: 100% Persian Gulf Petrochemical Industries Co.

Pazargad Non-Industrial Operation Services Co. (PNIOSC)

64 Persian Gulf Petrochemical Industries Company

Established in 1990, Petrochemical industrial Non-Operation & Service Company (POSC) started its activities with the aim of offering services to the personnel of petrochemical subsidiaries in Mahshahr, releasing the manufacturing companies from rendering such service activities enabling them to focus merely on production aspects. This company carried out activities in cultural, educational, services, transportation and real estate fields independently.

Fields of activity: Managing the Besat township, Mahshahr

industrial region, airports, cultural places, sports clubs, residences, Eram Park as well as construction of some civil projects. Other major

Petrochemical industrial Non-Operation & Service Company (POSC)

duties of the company include maintenance of institutional facilities in industrial areas, particularly Besat & Chamran townships and industrial area of Mahshahr with more than 6,000 residential and organizational units.

Municipal services: Provision of urban services such as water and

sewage, natural gas, planting and maintenance of green space, maintenance & general administration and development of housing complexes are performed by POSC.

n Ownership: Persian Gulf Petrochemical Industries Co. (100%)

65Persian Gulf Petrochemical Industries

Company

Persian Gulf Petrochemical Company in line with the implementation of the decentralization policy, enjoy public participation and boosting companies by implementing some strategic projects, executing expansion projects, utilizing world’s leading technologies through a combination of internal and external investment, conceded the aforementioned duties to PIDMCO. In this respect and in order to take advantage of decentralized management and ensure coordination of project implementation, the Petrochemical Industries Development Management Company was established in January 1994.

Major objectives: n Manage, coordinate, supervise and control the petrochemical projects from its starting point to the exploitation stage.n Policies, plans and procedures in relation to projects implementationn Standardization of execution procedures and management software

Petrochemical Industries Development Management Co. (PIDMCO)

n Carry out international tenders for new projects and sign contracts to purchase license, basic engineering, detailed engineering, equipment procurement, technical services and training n Bidding and implementation of all infrastructural petrochemical projects n Development of new projects and existing petrochemical complexes n Prepare and update technical standards in engineering design, procurement, installation, construction and inspection n Prepare and update the mechanized list of foreign manufacturers with respect to the performance of operational units n Exhibiting capabilities of local companies and advisors in the petrochemical industry n Constant review of domestic capabilities in engineering, manufacturing, supplying and updating the local manufacturer’s mechanized list n Ownership: Persian Gulf Petrochemical Industries Co. (100%)

66 Persian Gulf Petrochemical Industries Company

Petrochemical Commercial Co. (PCC)

Iran Petrochemical Commercial Co. was established in July 1990 based on the petrochemical industries need for an independent company engaged in domestic and foreign trade. Then in 2009, in line with the observation of the goals of Article 44 of the constitution more than 52 percent of the shares were transferred to the consortium of Iran Investment Company & share holders. The company continued its activities as a trading company.

The main objectives of the company in the domestic market is to supply raw materials for downstream industries and commercial sectors, access to global markets as well as a reasonable share of the petrochemical industry international brand.

Main Activities: This company is one of the leading companies

in the middle-east which is responsible to sell petrochemical products in foreign markets. Efforts to expand presence in the market through improving product quality and providing after sales services to

the customers and increasing their satisfaction are the main goals of the company. In order to expand marketing activities and meet the needs of customers in the foreign countries, petrochemical commercial company has opened offices in the UK, Germany, China, Singapore, India, Dubai, South Korea and Turkey. Petrochemical commercial company has designed a website to carry out its duties for fair distribution of the products along with decentralization and a reduction of visiting customers to the company in Tehran. By referring to this website, buyers can also have access information about their invoices and view the latest account balance status as well as making new purchase request online and observe the invoice thereof.

Chemical products, polymers, aromatics, fertilizers and derivatives are supplied to domestic buyers through both stock exchange and the company itself.

n Ownership: Persian Gulf Petrochemical Industries Co. (45%)

67Persian Gulf Petrochemical Industries

Company

NPC International Company initially named NPC Europe was established in 1991 in order to perform the activities such as: supplying long-term and medium-term finance (foreign currency) for petrochemical projects, supervision of facilities payments, attracting foreign investments for domestic projects as well as overseas investments. All subsidiaries and affiliated managements of Persian Gulf Petrochemical Industries Co. are obliged to coordinate their related activities in this area with NPC I.

n Ownership: Persian Gulf Petrochemical Industries Co. (100%)

National Petrochemical Company International (NPCI)

68 Persian Gulf Petrochemical Industries Company

l Location: Petrochemical Special Economic Zone (Mahshahr and Pars Special Economic Energy Zone-Assaluyeh) l Date of Establishment: 1998 (the company name was changed in 2001 from "Khazar clearance and credit" to "Terminals and Tanks Petrochemical Company". (Company Statute has been modified in 1380) l Ownership: 16%Persian Gulf Petrochemical Industries Co.Terminals and Tanks Petrochemical Company is responsible for the operation of two large petrochemical ports in the Pars Special Economic Energy Zone, Bandar Imam & Petrochemical tanks as well as the export of products, the import of raw materials and storage of products and raw materials. The general characteristics of each port and tank sites are as follows:

Terminals and Tanks Petrochemical Co. (TTPC)

69Persian Gulf Petrochemical Industries

Company

Mahshahr Portn Total number of Jetties: 7 (5 liquid jetties, 2 condensate jetties and a solid one, another liquid jetty is also being commissioned).n Date of operation: 3 jetties in 1968, 2 jetties in 1990 and one jetty in 2004n Capacity: 15 million tons n Sea water level: 11 to 13 meters. n Ship berthing: capacity for ships up to 50 thousand tons n Loading / unloading Capacity of products: 150 to 1600 tons per hour. n The annual traffic of ships: 1000 ships per year n Major products for export: butane, propane, methanol, ammonia, ethylene, benzene, light cuts, heavy cuts, Pentane Plus, naphtha, pyrolysis gasoline, sulfuric acid, sulfur, orthoxylene, paraxylene, phenol, ace tone, phosphoric acid, rock phosphate, Acrylonitrile, methyl acrylate, caustic soda, EDC, VAM and ...

Pars Petrochemical Port n Total number of jetties: 15 jetties (6 liquid jetties, 2 condensate jetties and 7 solid jetties) n Date of operation: Pars port first phase was inaugurated in 2005, and the whole port started operatio in 2009. n Total capacity: 35 million tons (29 million tons liquids and condensates, 6 million tones solids) n Sea water level: 15 to 32 meters. n Ships berthing: vessels up to 70 thousand tons n Loading / unloading capacity of products: 170 to 2250 tons per hour. n The annual traffic of ships: 800 to 1,200 ships per year n Major products for export: butane, propane, methanol, ammonia, ethylene, benzene, light cuts, heavy cuts, polystyrene, orthoxylene, paraxylene, polyethylene, urea, polypropylene and ...

Mahshahr tank site (Bandar Imam) n Total number of jetties: 19 n Date of operation: 2004 n Total capacity of tanks: 157, 200 cubic meters n Tanks capacity: 2 to 20 thousand cubic meters n Tanks material: Steel tanks, carbon steel and stainless steel n Tanks equipment: Some tanks have heating / cooling systems n The annual traffic of ships: 800 to 1,200 ships per year n Export /import products: heavy cuts, naphtha, acetic acid, Raffinate, phenol, acetone, epichlorohydrene, VAM, DEGE and ...

70 Persian Gulf Petrochemical Industries Company

The company was registered on February 2010 at Tehran registry office with a capital of one hundred million dollars as a public limited company and its main activity is to invest in the stocks of companies active in the field of supply and production of petrochemical, chemical products and byproducts from pre-commissioning to start up.

Iranian Petrochemical Investment Group as one of the largest investment companies active in the stock exchange was accepted in 2011 with Petrol symbol in the Faraboors. n Ownership: Persian Gulf Petrochemical Industries Company Directdy & via Petrochemical Commercial Company

Iranian Petrochemical Investment Group Company (Petrol)

Iranian Investment Company (Petrol) Percent owned by Petrochemical Industries Development Management (PIDMCO)n Jam Petrochemical Co.: 5.1% n Pardis Petrochemical Co.: 17%n Kermanshah Petrochemical Co.: 20.7% n Zagros Petrochemical Co.: 3.2% n Mamasani petrochemical Co.: 50.6% n Modaberan Eqtesad Co.: 100% n Dehdasht petrochemical Co.: 59.9% n Kazeroon petrochemical Co.: 36.2% n Ilam Petrochemical Co.: 60% n Assaluye Sadaf Chemical Co.: 90% n Lordegan petrochemical Co.: 46.1% n Urmia Petrochemical Co.: 70% n Borujen Petrochemical Co.: 20% n Gachsaran Petrochemical Co.: 10% n South Aria phosphoric Co.: 12% n Novin petrochemical Co.: 51%n Tourism Bank: 3.1%

Modaberan eqtesad Co. Percent owned by Modaberan Eqtesad Co.:n Shiraz Petrochemical Co.: 29.8% n Lordegan petrochemical Co.: 11.4% n Hafez insurance: 20% n Borujen Petrochemical Co.: 11% n Jam Petrochemical Co.: 1.25%