Persian Gulf Petrochemical Industries Holding, as the second largest petrochemical holding in the Middle East and the largest player in this industry in Iran, plays a key role in meeting domestic needs and the international standing of this industry, with more than one-third of the nominal capacity of the country's petrochemical industry.

Located in the heart of the South Pars energy region, Hengem Petrochemical has not only become one of the largest producers of ammonia and urea in the country, but also, with the completion of its new phases, is ready to play a more important role in Iran's food security and foreign exchange earnings.

Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.

Sakhvat Asadi, CEO of the Pars Energy Special Economic Zone, stated at the opening ceremony of the exhibition: "Asaluyeh, as the beating heart of Iran's energy industry, is hosting an event that can strengthen the domestic supply chain and pave the way for the development of new technologies."

The CEO of the National Petrochemical Industries Company pointed to the annual need for about $2 billion in foreign equipment in the industry and emphasized: With middle managers' trust in the capabilities of domestic companies and manufacturers' commitment to quality and delivery time, Iran can be turned into a large construction workshop.

The Vice President of Development and Business of the Persian Gulf Petrochemical Industries Company said: "Continuing the operation of old petrochemical industry units that are 60 years old, without modernization and technological upgrading, will remove them from the cycle of global competition and even profitability."

The National Petrochemical Industries Company announced: Iranian holdings and companies, with a concentrated presence in the Islamic Republic of Iran pavilion at the Moscow Ruplastica exhibition, are introducing their capabilities and paving the way for increased exports to Russia and Eurasia.

Hassan Abbaszadeh, at the Strategic Council of Petrochemicals in the Special Economic Zone, emphasized the need to pay attention to local communities and the participation of complexes in the development of cultural, educational, and medical infrastructure, and considered social responsibility to be the focus of the balanced development of the petrochemical industry.

With the partial interruption of gas supply to Zagros Petrochemical Company, the company's second production unit was taken out of service on December 25, 2021, and its operations were suspended until the gas restrictions were lifted. At the same time, Mobin Energy, which provides utility services to the complex, announced that there had been a reduction in the consumption of some ancillary services, but this restriction will not have a significant impact on the company's EPS.

The Director of Assignment and Investor Services of the Petrochemical Special Economic Zone Organization announced 58 active projects in this zone and said: The annual production capacity of these projects reaches 7 million 96 thousand tons per year, which play an important role in the development of the country's petrochemical industry value chain.