According to the public relations office of Petrochemical Investment
and Development Group (Petrol), the SEO approved the registration on April 28,
2025. This milestone paves the way for the project's eventual listing on the
Iranian stock exchange in accordance with Article 20 of the Securities Market
Act, which requires formal registration before any public offering on the
primary market.
The move aims to allow public participation in the profits of this
national-scale project and to facilitate its development and financing.
Arghavan Gostar Petrochemical is backed by the Persian Gulf Petrochemical
Downstream Industries Development and Investment Group (Petrol), which holds a
58.33% direct ownership stake.