Shazand Petrochemical Company
Shazand Petrochemical Company Public Joint Stock Company is a Tehran Stock Exchange-listed Iranian petrochemical producer operating from Shazand in Markazi Province. Formerly known as Arak Petrochemical Company, it supplies petrochemical products to industrial supply chains. The company is relevant to investors, buyers and suppliers assessing Iranian materials exposure and sanctions-sensitive trade execution.
Operations & footprint
Products and services
Shazand Petrochemical Company produces a diversified portfolio of petrochemical products including polymers, chemicals, synthetic rubber, polypropylene, polyethylene-related products, ethylene glycol-related products, solvents, intermediates, and downstream petrochemical materials for domestic industrial customers and export markets. The company, formerly known as Arak Petrochemical, operates in Markazi Province and serves automotive, packaging, plastics, chemical, and industrial value chains.
Operations and assets
Petrochemical production operations in Shazand, Markazi Province.
Geographic footprint
Operations are based in Shazand, Markazi Province, with a Tehran Stock Exchange listing.
Commercial and investment relevance
Shazand is relevant for investors assessing Iran's diversified petrochemical production, polymer and chemical supply, inland industrial logistics, listed petrochemical exposure, automotive and packaging input chains, environmental constraints, and sanctions-sensitive petrochemical trade. It can support analysis of how feedstock access, product diversification, inland transport costs, global polymer and chemical prices, maintenance shutdowns, and environmental obligations affect plant economics. Due diligence should review updated Codal disclosures, TSE trading status, current sanctions status, ownership, product slate, feedstock contracts, domestic versus export sales, customer concentration, logistics costs, environmental compliance, water and energy use, incident history, maintenance programs, and restrictions affecting petrochemical sales, finance, shipping, or insurance. Shazand is a commercial counterparty in Iranian petrochemical and industrial-materials supply chains. Buyers and suppliers should assess product specifications, delivery terms, payment channels and trade-compliance requirements for each transaction.
Constraints, risk & compliance
Key risks and constraints
The company’s commercial activity is exposed to constraints on Iranian petrochemical trade, including limitations affecting payments, shipping, insurance and international counterparties.
Sanctions and compliance considerations
Shazand Petrochemical Company appears in U.S. Treasury sanctions materials dated 31 May 2013. Counterparties should conduct current, transaction-specific sanctions screening before engagement.
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Frequently asked questions
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What is Shazand Petrochemical Company?
Shazand Petrochemical Company Public Joint Stock Company is an Iranian petrochemical producer operating in Shazand, Markazi Province, and listed on the Tehran Stock Exchange under the symbol شاراک.
Was Shazand Petrochemical Company previously called Arak Petrochemical?
Yes. The company was formerly known as Arak Petrochemical Company and adopted the Shazand Petrochemical name in 2008–2009.
Where does Shazand Petrochemical operate?
Its production operations are based in Shazand, Markazi Province, Iran.
What compliance issue is relevant to Shazand Petrochemical?
The company appears in U.S. Treasury sanctions materials dated 31 May 2013; counterparties should complete current, transaction-specific sanctions screening before engagement.