Ghaed Basir Petrochemical Products Company
Ghaed Basir Petrochemical Products Company is an Iran Fara Bourse-listed Iranian producer of ABS, SAN, MBS, ABS-PC and related polymer materials. Its Golpayegan plant in Isfahan Province links upstream petrochemical feedstocks with domestic polymer converters. Licensed capacity and its sanctions status are central considerations for buyers, suppliers, investors and compliance teams.
Operations & footprint
Products and services
Ghaed Basir Petrochemical Products Company produces ABS, SAN, and related polymer materials used in automotive parts, household appliances, electrical and electronic components, industrial plastics, consumer goods, packaging, injection molding, and downstream polymer manufacturing. Its products support domestic polymer substitution and selected export-oriented sales.
Operations and assets
The Golpayegan plant began commercial operations in 2004. Production licences dated August 5, 2023 cover 36,000 tonnes a year of ABS, 3,000 tonnes of general-purpose polystyrene, and 3,000 tonnes of polymer compounds and granules. ABS powder is made using emulsified polymerisation, while SAN uses continuous bulk polymerisation.
Geographic footprint
Manufacturing operations are in Golpayegan, Isfahan Province, Iran.
Commercial and investment relevance
Ghaed Basir is relevant for investors assessing Iran's engineering plastics market, domestic polymer substitution, automotive and appliance supply chains, consumer-goods inputs, and specialty resin demand. It can support analysis of ABS/SAN availability, import dependence, currency sensitivity, customer concentration, and manufacturing-sector demand. Due diligence should review feedstock procurement, product grades, export exposure, sanctions risk, energy reliability, disclosure quality, price controls, and links to downstream converters in central Iran. Ghaed Basir is a domestic supply option for buyers of ABS, SAN and formulated polymer materials. Its product range is relevant to converters that require styrenic resins, impact-modified materials and engineering-plastic blends for downstream processing.
Constraints, risk & compliance
Key risks and constraints
The business is exposed to operational dependence on a single identified production site and to demand conditions in downstream polymer-conversion markets. International procurement, payment and commercial relationships face material restrictions arising from the company’s U.S. sanctions designation.
Sanctions and compliance considerations
Ghaed Basir Petrochemical Products Company has been on the U.S. Treasury OFAC Specially Designated Nationals and Blocked Persons List since January 13, 2021 (OFAC ID 16029) and is designated for secondary sanctions. OFAC links the company to Tadbir Energy Development Group Co. Transactions require sanctions screening and specialist legal review.
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Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Ghaed Basir Petrochemical Products Company produce?
The company produces ABS, SAN, MBS and ABS-PC resins, as well as general-purpose polystyrene, polymer compounds and granules.
Where is Ghaed Basir’s plant located?
Its manufacturing plant is in Golpayegan, Isfahan Province, Iran.
Is Ghaed Basir listed on a stock exchange?
Yes. The company was accepted on Iran Fara Bourse in October 2018 and trades under the ticker شبصیر (SHABSIR).
What sanctions considerations apply to Ghaed Basir?
The company has been listed by OFAC as an SDN since January 13, 2021 and is subject to secondary sanctions. Any transaction requires sanctions screening and specialist legal review.