Shiraz Petrochemical Marks 20th Anniversary of Listing at Tehran Securities Exchange
Shiraz Petrochemical Company celebrated its 20th anniversary of being listed on the Tehran Securities Exchange on November 16, 2025. The company, established in 1963 as the Middle East’s first chemical fertilizer producer, has grown into a major industrial player with over 3.2 million tons annual production capacity in nitrogen products and methanol. The CEO highlighted ongoing strategic expansion plans and the importance of capital market participation as well as expectations for supportive feedstock policies.
On November 16, 2025, Shiraz Petrochemical Company (SPC) commemorated the 20th anniversary of its listing on the Tehran Securities Exchange (TSE) with a bell-ringing ceremony involving company executives. Founded in 1963 as Iran and the Middle East’s pioneer producer of chemical fertilizers, SPC has since become a key national industrial leader with a production capacity exceeding 3.2 million tons of nitrogen-based products and methanol. The CEO emphasized the company’s strategic use of capital markets for financing and investment growth. He also outlined commitments to implement expansion projects aimed at increasing value for shareholders. Furthermore, the CEO called for policy measures that ensure sustainable profitability and uninterrupted production through fair feedstock allocation and pricing. Shiraz Petrochemical’s current market capitalization on TSE exceeds IRR 540,000 billion. The bell-ringing event is part of TSE’s new initiative to provide a platform for previously listed firms to engage with stakeholders, redefine their missions, and set future goals. This milestone underscores SPC’s historic role in Iran’s petrochemical industry and its ongoing contribution to the national economy.
