The National Petrochemical Company (NPC) (Persian: شرکت ملی صنایع پتروشیمی), a subsidiary to the Iranian Petroleum Ministry, is owned by the government of the Islamic Republic of Iran. It is responsible for the development and operation of the country’s petrochemical sector. Founded in 1964, NPC began its activities by operating a small fertilizer plant in Shiraz. Today, NPC is the second largest producer and exporter of petrochemicals in the Middle East. Over these years, it has not only expanded the range and volume of its products, but it has also taken steps in areas such as R&D to achieve more self-sufficiency.
Two special economic zones on the northern coast of the Persian Gulf have been developed to be home to the NPC’s new project. These two zones enjoy a good access to feedstock, infrastructural facilities, local and international markets and skilled manpower.