Company profileUnlisted

Shimi Baft Petrochemical Company

Official company materials support the company name, Tehran headquarters, Mahshahr plant location, founding date, product portfolio, stated historical capacities and ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications.

ListingUnlisted
ExportMedium
VerificationBasic
ConfidenceHigh
Updated19/07/2026
Market Role

Market position

The company states that MEK production began at Site 2 in 2013 and describes itself as the first and only MEK producer in Iran and the Middle East. This is a company claim as of 2023.

OPERATING PROFILE

Operations & footprint

Products and services

Shimi Baft Petrochemical Company produces MTBE, MEK, raffinate streams, butanol-related products, heavy alcohols, and other chemical outputs. Its products serve gasoline blending, base-oil refineries, paints and resins, printing, synthetic leather, industrial solvents, chemical processing, and downstream manufacturing markets.

Operations and assets

The plant is located in the Mahshahr Special Economic Petrochemical Zone. The company states that MTBE capacity is 45,000 tonnes per year, with two units of the same capacity commissioned in 2002 and 2006. Initial nominal MEK capacity was stated as 5,000 tonnes per year. Site 2, formerly Shimi Tex Aria, was merged into Shimi Baft in 2019.

Geographic footprint

Headquarters in Tehran; production operations in Mahshahr, Khuzestan Province, Iran.

Investor Lens

Commercial and investment relevance

Shimi Baft is relevant for investors assessing Iran's solvent market, gasoline-additive supply, industrial chemical inputs, import substitution, and downstream demand from coatings, resins, printing, base-oil refining, and synthetic leather. It can support screening of specialty chemical availability, domestic manufacturing resilience, export potential, and feedstock-linked operating risk. Due diligence should verify current ownership, plant location, product sales channels, export exposure, environmental compliance, procurement needs, and whether any capital-market disclosure exists despite its unlisted status. MTBE uses C4 Raffinate 1 and methanol as feedstocks and is supplied for gasoline octane enhancement. MEK serves industrial solvent applications, while the portfolio also includes C4 raffinate streams, 2-butanol and heavy alcohols.

DECISION RISKS

Constraints, risk & compliance

Key risks and constraints

Commercial assessment should account for dependence on C4 and methanol feedstocks, as well as the need to verify current operating rates, product sales channels and regulatory disclosures.

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Common questions

Frequently asked questions

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

Where is Shimi Baft Petrochemical Company located?

The company is headquartered in Tehran, Iran, and its plant is in the Mahshahr Special Economic Petrochemical Zone in Khuzestan Province.

What does Shimi Baft Petrochemical Company produce?

Its stated products include MTBE, MEK, Raffinate 2, Raffinate 3, 2-butanol (SBA) and heavy alcohols.

What are Shimi Baft’s stated MTBE and MEK capacities?

Company materials state MTBE capacity of 45,000 tonnes per year and initial nominal MEK capacity of 5,000 tonnes per year. These are historical stated capacities and do not confirm current output.

Is Shimi Baft’s ownership publicly verified?

No specific ownership names or percentage holdings were identified in the official materials reviewed. Its Public Joint Stock Company status also requires confirmation through an official regulatory filing.