In a move to boost its C2+ feedstock intake, BIPC has entered into a
pre-purchase agreement to finance upstream projects at the Persian Gulf Hoveyzeh
Gas Refinery. The deal is expected to enhance feedstock flows and increase the
company’s production capacity.
Additionally, the company signed a four-part feedstock supply
agreement with Almas Mahshahr Petrochemical Company, covering ethane, propane,
butane, and pentane plus. The agreement aims to improve feedstock reliability
and foster stronger industrial cooperation in Iran’s petrochemical sector.
“These initiatives are set to boost domestic production efficiency and
reinforce Bandar Imam's role in supporting downstream development,” the company
said in a statement.