Pars Oil Company
Pars Oil Company Public Joint Stock Company is a Tehran-based manufacturer of automotive, industrial, marine and specialty petroleum lubricants, listed on the Tehran Stock Exchange under SHANAFT. Established in 1958, it operates a Tehran plant and formulation R&D facilities, serving Iran’s maintenance and industrial markets alongside regional exports. It is relevant to lubricant buyers, input suppliers and downstream-energy investors.
Operations & footprint
Products and services
Pars Oil Company produces and markets lubricants, engine oils, diesel engine oils, industrial oils, gear oils, greases, marine oils, coolant fluids, base oils, paraffin-related products, and specialty petroleum derivatives. Its products serve automotive, industrial, marine, machinery, transport, and consumer maintenance markets across Iran.
Operations and assets
Pars Oil Company operates a manufacturing plant in Tehran and lubricant-formulation research and development facilities.
Geographic footprint
The company primarily serves the Iranian market and undertakes regional export activity.
Ownership & group structure
Ownership
The Social Security Organization was identified as a major shareholder in Q1 2026.
Commercial and investment relevance
Pars Oil Company is relevant for investors assessing Iran's downstream oil-products market, lubricant demand, automotive maintenance cycle, industrial consumables, base-oil availability, and export potential in refined specialty products. It can help map how inflation, vehicle fleet age, industrial activity, import restrictions, and feedstock access affect demand for lubricants and maintenance materials. Due diligence should review raw-material supply, pricing policy, export channels, distributor network, receivables, working capital, and updated listed-company disclosures. The company is a potential supplier and market counterpart for lubricant buyers, distributors and industrial operators requiring automotive, industrial, marine and specialty petroleum products in Iran. Its formulation and manufacturing base also makes it relevant to suppliers of base oils, additives, packaging and related production inputs.
Constraints, risk & compliance
Key risks and constraints
Operations depend on dependable access to base oils and other lubricant inputs. Commercial performance is also tied to domestic vehicle maintenance, industrial activity and the company’s ability to sustain regional export channels.
Sanctions and compliance considerations
Transactions involving Pars Oil Company require Iran-related sanctions and financial-compliance screening, particularly for cross-border trade, payments, insurance and energy-sector supply arrangements.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Pars Oil Company produce?
Pars Oil Company produces automotive and diesel engine oils, industrial and gear oils, greases, marine oils, coolant fluids, base oils, paraffinic products and specialty petroleum derivatives.
Is Pars Oil Company publicly listed?
Yes. Pars Oil Company is listed on the Tehran Stock Exchange under ticker شنفت (SHANAFT).
Where does Pars Oil Company operate?
The company is headquartered in Tehran and operates a manufacturing plant there. It primarily serves Iran and also has regional export activity.
When was Pars Oil Company established?
Pars Oil Company was established in 1958.