Entity

Arya Sasol Polymer Company (ASPC) is a major Iranian petrochemical producer located in the Pars Special Economic Energy Zone (PSEEZ) in Assalouyeh, Bushehr Province, in the southwestern part of Iran along the Persian Gulf. The company was established in 2002 as a joint venture between Iran's National Petrochemical Company and the German branch of Sasol, a South African company.

Corporate Structure and Ownership

The establishment contract was signed in April 2002, separating three production units (olefins, LDPE, and MD/HDPE) from Pars Petrochemical Company to create an independent entity with the goal of becoming the leading polymer producer in the Middle East. The company is publicly traded on the Tehran Stock Exchange under the ticker symbol "APOZ1". Sasol divested its stake in the joint venture in 2013. ASPC is now a subsidiary of the Persian Gulf Petrochemical Industries Company (PGPIC), with a capital of 4,583 billion rials and covering an area of 72 hectares.

Production Capacity and Technology

The complex includes three main production units with significant annual capacity:​

• Olefin unit (ethane cracker): 1,100,000 tons/year of ethylene, using Technip technology and commissioned in 2007​
• LDPE unit: 375,000 tons/year of low-density polyethylene in 9 different grades, under license from SABTEC (formerly EstamiCarbon of the Netherlands), operational since 2008​
• MD/HDPE unit: 375,000 tons/year of medium- and high-density polyethylene in 10 different grades, under Basell (now LyondellBasell) technology from Germany​

The facility also includes storage units, off-site services, and propane recovery capacity of 103,500 tons/year. The complex began commercial operations in 2007 and employs approximately 950 direct employees plus around 1,500 contracted workers.