Iran’s Persian Gulf Petrochemical Holding Posts Record Product Sales

Persian Gulf Petrochemical Industries Company (PGPIC) recorded product sales of 931.463 trillion tomans in the Iranian year 1404 (ended March 20, 2026), the highest figure in the group’s history, even as wartime conditions hit Iran’s petrochemical sector.

RoydadNaft –  Persian Gulf Petrochemical Industries Company (PGPIC) recorded product sales of 931.463 trillion tomans in the Iranian year 1404 (ended March 20, 2026), the highest figure in the group’s history, even as wartime conditions hit Iran’s petrochemical sector.

According to Roydad Naft, PGPIC’s financial statements filed on Codal show sales rose 56.4% from the previous Iranian year (1403). That gain came after the country fought two wars in the prior year, damage to the petrochemical industry, and about two months in which sector operations were fully disrupted.

The increase was not only a rial and dollar revenue effect. Product output also rose in 1404 compared with 1403, the filing indicated.

PGPIC therefore booked higher results than a year earlier in both sales and production despite wartime constraints, the report said.

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