Vision
A global-level producer of engineering polymers that is knowledge-based and quality-driven, while safeguarding stakeholder interests, with a vision toward the year 2030 (1409 in the Iranian calendar).
Mission
Diverse production and sustainable supply of ABS copolymers and other engineering polymers, providing technical consultancy by leveraging the expertise of experienced personnel, utilizing modern global technologies, and adhering to environmental standards in both domestic and international markets to fulfill stakeholder interests.
Comprehensive Customer Services
Company Introduction
Ghaed Basir Petrochemical Products Company, the first ABS manufacturer in Iran, was established in 1997 (1376 SH) as a private joint-stock company with the aim of constructing a chemical and petrochemical production plant. It was registered under No. 136434 on 1997/12/17 (1376/09/26 SH) with the Tehran Companies Registration Office. The implementation of the ABS production project began in late 2000 (1379 SH) through an EPC contract with Taiwan's CTCI and technical knowledge from KUMHO of South Korea. The plant was commissioned in February 2004 (Bahman 1382 SH), and commercial operation officially started in the second half of 2004 (1383 SH). In 2006 (1385 SH), a production license for 30,000 tons of ABS annually in three shifts per day was obtained from the Ministry of Industries and Mines. Following the extraordinary general assembly meeting on 2014/01/18 (1392/10/28 SH), the company’s legal entity changed from a private to a public joint-stock company, officially registered on 2014/02/05 (1392/11/16 SH) with the Companies Registration Office of Tehran. With the expansion of production units and the successful manufacture of new products such as polystyrene and polymer alloys, a new license (No. 36206/1309787) was obtained on 2023/08/05 (1402/05/14 SH) from the Isfahan Office of Industry, Mine and Trade. This license allows the company to produce 36,000 tons of ABS, 3,000 tons of general-purpose polystyrene, and 3,000 tons of polymer compounds and granules annually. Additionally, the company was accepted into the Iran Fara Bourse on 2018/10/06 (1397/07/14 SH), and 10% of its shares were priced through a public offering on 2018/11/06 (1397/08/15 SH). Ghaed Basir Petrochemical Products Company was honored to be recognized as a knowledge-based manufacturing company on 2022/08/21 (1401/05/30 SH), after four of its products were approved by the Vice Presidency for Science and Technology of Iran.