Petrochemical Industries Investment Company (PIIC) was established in 1992, with the aim of attracting public investment in petrochemical industry. The company joined Tehran Stock Exchange in 1994 and currently operates with almost 50,000 shareholders and nominal capital of 1820 billion IRR.
TAPPICO, a leading investment holding company with 32 management companies and subsidiaries active in oil, gas, petrochemical, tire, and cellulose industries owns a significant share in production and entrepreneurship in Iran. Currently more than 18500 people are directly employed in TAPPICO Holding and its subsidiaries. Additionally, with such high variety of production in the member companies of this group, especially producing 10 out of 12 products in the global index of petrochemical products (IPEX), it is considered as one of the world’s top companies with diverse products.