Company profilePrivate / Non-listed

Mahabad Petrochemical Company

Mahabad Petrochemical Company is a privately held, wholly owned Bakhtar Petrochemical Company producer of LLDPE, HDPE, butene-1 and C6+ streams. Operating in Mahabad, West Azerbaijan, the company is part of the West Ethylene Pipeline chain and serves domestic and export polymer markets. Its export orientation and 332,700-tonne nominal annual capacity make it relevant to resin buyers, traders and industrial suppliers.

ListingPrivate / Non-listed
ExportMedium
VerificationBasic
ConfidenceMedium
Updated20/07/2026
OPERATING PROFILE

Operations & footprint

Products and services

Mahabad Petrochemical Company produces polyethylene products, especially linear low-density polyethylene and heavy polyethylene grades, along with butene-1-related output. Its operations are linked to Bakhtar petrochemical chain development, inland polymer manufacturing, domestic plastics demand, regional export channels, and road-based logistics in northwest Iran.

Operations and assets

The 185-hectare Mahabad complex, located 15 km along the Mahabad-Urmia road, has nominal annual capacity of 332,700 tonnes across polyethylene, butene-1 and C6+ units. The site is part of the West Ethylene Pipeline project.

Geographic footprint

Manufacturing operations are in Mahabad, West Azerbaijan Province; the company maintains an administrative office in Tehran. China is identified as its principal export market.

CORPORATE STRUCTURE

Ownership & group structure

Ownership

Bakhtar Petrochemical Company owns 100% of Mahabad Petrochemical Company.

Parent company

Bakhtar Petrochemical Company

Reported scale

Employees: Approximately 347 direct contractual employees and around 300 contractor personnel were cited for 2023.

Investor Lens

Commercial and investment relevance

Mahabad Petrochemical is relevant for investors assessing Iran's polyethylene supply, inland petrochemical economics, downstream plastics demand, and northwest export routes toward Iraq, Turkey, and Caucasus-facing corridors. It can support analysis of polymer availability, transport costs, customer exposure, feedstock allocation, and competition between inland and coastal producers. Due diligence should verify ownership, Bakhtar-linked structure, current operating rates, product grades, export channels, logistics costs, environmental compliance, and sanctions-sensitive sales or payment exposure. The company supplies polyethylene resins used by plastics converters and channels sales through Bakhtar Commercial Company and the commodity exchange. Its export-led sales model makes it relevant to polymer buyers, traders and logistics providers serving Iran’s external markets.

DECISION RISKS

Constraints, risk & compliance

Key risks and constraints

Operating performance is tied to ethylene feedstock delivered through the West Ethylene Pipeline. Its inland location also requires road-based transport to reach export channels, making logistics execution material to delivered cost and export competitiveness.

Sanctions and compliance considerations

Export sales and cross-border payment arrangements in Iran’s petrochemical trade require sanctions and counterparty screening.

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Common questions

Frequently asked questions

Direct answers to the questions most likely to arise when reviewing this profile.

What does Mahabad Petrochemical Company produce?

The company produces LLDPE and HDPE polyethylene, butene-1 and C6+ streams. Its nominal polyethylene capacity is 300,000 tonnes per year.

Who owns Mahabad Petrochemical Company?

Mahabad Petrochemical Company is wholly owned by Bakhtar Petrochemical Company.

Where is Mahabad Petrochemical Company located?

Its production complex is on the Mahabad-Urmia road in Mahabad, West Azerbaijan Province, Iran. The company also has an administrative office in Tehran.

Is Mahabad Petrochemical export-oriented?

Yes. Its stated sales mix is predominantly export-oriented, with China identified as the principal export market.