"Iranian Investment Petrochemical
Group", which is known among shareholders and the capital market with the
symbol "Petrol", seeks to change its priorities and focus on value
chain completion, development of secondary and downstream industries, and the
import of certain products, sustainable employment and development of diverse
and strategic products.
According to the decision of the Extraordinary
General Assembly, on August 11, 2021, it was renamed to the " Persian Gulf
Petrochemical Secondary Industries Investment and Development Group" and
the relevant article was amended in its articles of association.
According to the announcement of the public
relations of the Persian Gulf Petrochemical Secondary Industries Investment and
Development Group, the company considers the importance of increasing the
capital market in the country along with investing in the capital market,
moving towards the development of secondary industries and completing the value
chain and wealth creation for shareholders as its priorities.
This company was registered as a public joint
stock company in Tehran Companies Registration Office in February 2011 with a
capital of 100 billion Iranian Rials.
Petrol is an active group in the field of
petrochemicals that works in order to develop cooperation and joint ventures with
reputable domestic companies.