Argavan Gostar Ilam Petchem Co. Completes Successful Public Offering

Argavan Gostar Ilam Petchem Co. Completes Successful Public Offering
(Monday, October 6, 2025) 09:53

TEHRAN, Oct 4 (NIPNA) — Argavan Gostar Ilam Petrochemical Company has successfully completed its public offering, marking a key milestone in Iran’s petrochemical industry development, the head of the Persian Gulf Petrochemical Downstream Industries Investment and Development Company (PETROL) said.


Hamidreza Khalili, PETROL’s managing director, described the offering as “a turning point” for the sector, adding that Argavan Gostar Ilam is now the second project company to advance under Petrol’s strategic roadmap.

Khalili said the achievement reflects investors’ confidence and highlights the project’s promising outlook within Iran’s broader economic landscape.

 


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