Arvand Petrochemical Company
Arvand Petrochemical Company Public Joint Stock Company is a Tehran-listed subsidiary of Persian Gulf Petrochemical Industries Company (PGPIC). It operates an integrated PVC, chlor-alkali and vinyl-chain complex in Mahshahr, Khuzestan, with headquarters in Tehran. The company is a major domestic supplier of PVC and caustic soda, but its OFAC designation is decisive for transaction and investment eligibility.
Market position
PGPIC states that Arvand supplies 80% of Iran’s caustic soda market and 50% of its PVC market. The complex has stated total production capacity of more than 2.8 million tonnes per year.
Operations & footprint
Products and services
Arvand Petrochemical Company produces PVC, caustic soda, chlorine, ethylene dichloride, vinyl chloride monomer, hydrochloric acid, sodium hypochlorite, and related chlor-alkali and vinyl-chain products. Its products serve construction materials, pipes, profiles, cables, packaging, detergents, industrial chemicals, and export-oriented downstream plastic markets.
Operations and assets
An integrated Mahshahr complex produces chlor-alkali products and vinyl-chain intermediates, including chlorine, caustic soda, EDC and VCM, alongside PVC, hydrochloric acid and sodium hypochlorite. Stated total production capacity exceeds 2.8 million tonnes per year.
Geographic footprint
Production operations are in Mahshahr, Khuzestan Province; headquarters are in Tehran, Iran.
Ownership & group structure
Ownership
Persian Gulf Petrochemical Industries Company (PGPIC) holds a stated 70%–79% shareholding. Nouri Petrochemical holds 2%, and Parsian Oil & Gas Group holds 1%.
Parent company
Persian Gulf Petrochemical Industries Company (PGPIC).
Commercial and investment relevance
Arvand Petrochemical is relevant for investors assessing Iran's PVC market, construction-material supply, chlor-alkali chain, exportable petrochemical products, Mahshahr port logistics, and sanctions-sensitive industrial materials. It can support analysis of pipe and profile demand, infrastructure and housing activity, caustic soda markets, plastic converters, and commodity-exchange exposure. Due diligence should review listing disclosures, sanctions status, export channels, feedstock security, electricity and chlorine-safety constraints, environmental compliance, customer concentration, and payment or shipping restrictions. Arvand is a substantial domestic source of PVC and caustic soda, making it relevant to converters, pipe and profile producers, chemical distributors and counterparties requiring chlorine-vinyl-chain products. Its integrated product slate also links buyers of PVC with upstream chlor-alkali and vinyl intermediates.
Constraints, risk & compliance
Key risks and constraints
The Mahshahr complex handles chlorine and chlor-alkali processes, making process safety and environmental management central operating considerations. Its production and commercial reach are also constrained by the company’s U.S. sanctions designation.
Sanctions and compliance considerations
Arvand Petrochemical Company is designated by the U.S. Department of the Treasury’s Office of Foreign Assets Control under the NPWMD and IFSR programs and is subject to secondary sanctions. Transactions require specialist legal, sanctions, banking, shipping and counterparty review.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Arvand Petrochemical Company produce?
Arvand produces PVC, caustic soda, chlorine, EDC, VCM, hydrochloric acid and sodium hypochlorite through an integrated chlor-alkali and vinyl-chain complex.
Where does Arvand Petrochemical operate?
Its production complex is in Mahshahr, Khuzestan Province, Iran, while its headquarters are in Tehran.
Who owns Arvand Petrochemical Company?
PGPIC holds a stated 70%–79% stake. Nouri Petrochemical and Parsian Oil & Gas Group hold stated stakes of 2% and 1%, respectively.
Is Arvand Petrochemical subject to sanctions?
Yes. The company is designated by OFAC under the NPWMD and IFSR programs and is subject to secondary sanctions.