Senior BIPC executives, the Iran Fara Bourse, and Modabberan Eqtesad
Investment Company met this week to finalize preparations for the listing,
aiming to accelerate the admission process.
Mohammad Ali Shirazi, CEO of the IFB, expressed confidence in the
company's market readiness. “The listing of Bandar Imam Petrochemical
represents a major milestone and paves the way for broader success and
development,” Shirazi said.
Ali Ansari-Nik, BIPC CEO, said the company has undergone a multi-year
preparatory process. “Regulatory, investment, and contractual requirements had
delayed the listing, but recent efforts have put us on track for completion,”
he noted, crediting support from PGPIC’s management team.
Salman Khademolmolah, CEO of Modabberan Eqtesad, emphasized the
financial and operational benefits of public listing. “The IPO will enhance
financial transparency, enable direct and indirect capital raising, and allow
the company to benefit from tax incentives,” he said.
BIPC is one of Iran’s largest and most strategic petrochemical
producers, playing a key role in supplying feedstock to downstream industries
and contributing to the country’s non-oil exports.