The Jam Petrochemical Company (Persian: شرکت پتروشیمی جم, romanized: Sherkat-e Petroshimi-ye Jam), (JPC) is an Iranian petrochemical company in Asaluyeh, Bushehr province, which was established in 2000.[1][2][3][4][5][6][7][8][9][10][11]
| Company type | Public company |
|---|---|
| TSE: PJMX4 ISIN: IRR1PJMZ0104 | |
| Industry | Petrochemical |
| Founded | 2000 |
| Founder | National Petrochemical Company |
| Headquarters | , Iran |
| Products | olefin high-density polyethylene linear low-density polyethylene butadiene butene-1 |
| Website | jpcomplex |
History
editJam Petrochemical Company (JPC), established in 2000, was founded as part of Iran's national strategy to develop its petrochemical industry by utilizing resources from the South Pars Gas Field. Located on a 77-hectare site in the Pars Special Economic Energy Zone in Asaluyeh, Bushehr Province, JPC was created under Iran’s Third Economic Development Plan to maximize the economic potential of South Pars gas resources. Known as the “Olefins 10” project within the National Petrochemical Company’s framework, JPC benefits from proximity to essential resources, including raw materials, fuel, and infrastructure such as ports and roads, facilitating its role in both domestic and international markets and supporting Iran's transition toward non-oil exports.[12][13][14][15][16]
Units and products
editJam Petrochemical Company’s production complex includes multiple specialized units that produce a diverse range of petrochemical products. Key units include the olefin, high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), butadiene, and butene-1 units. These facilities collectively make JPC one of the largest olefin producers globally and a significant supplier of polymer products in Iran. The company’s product portfolio includes various grades of polyethylene and other petrochemical derivatives, catering to markets in the Middle East and beyond.[17][18]
Sanctions
editIn July 2022, the United States Treasury Department sanctioned Jam petrochemical company in order to target the export of Iranian petrochemical products.[19][20][21][22][23][24][25][26][27]
See also
edit
References
edit- ^ "Jam Petrochemical Company Attends German Trade Fair". Financial Tribune. October 31, 2022.
- ^ "Jam Petrochem Complex Expanding Value Chain". Financial Tribune. June 13, 2017.
- ^ "Petrochemicals complex profile: Jam Petrochemical Company Assaluyeh Complex, Iran". offshore-technology.com. May 28, 2024.
- ^ "Jam Petrochemical Company Public Joint Stock (Iran)". emis.com. May 25, 2024. Retrieved June 15, 2024.
- ^ "Iran's Jam Petrochemical Complex sees increase in sales". trend.az. April 21, 2021.
- ^ "Iran's Jam Petrochem Co.Unveils New Polyethylene Grades". Financial Tribune. October 12, 2018.
- ^ "World praises Iran's petrochemical achievements: LyondellBasell exec". Tehran Times. June 10, 2009.
- ^ "Jam petchem plant boosts output by 15%". Mehr News Agency. August 14, 2019.
- ^ "Jam petchem plant boosts output by 15%". Shana: Petro Energy Information Network. August 13, 2019.
- ^ "Jam Petrochemical Overhaul schedule has been announced". energypress.ir. October 15, 2023.
- ^ "Jam Petrochemical goes to ChinaPlas". energypress.ir. April 22, 2024.
- ^ "Iran to open 6 petrochemical plants soon". Tehran Times. January 15, 2008.
- ^ "Assaluyeh petrochemical zone 'impressive, fantastic', foreigners say". Tehran Times. December 17, 2015.
- ^ "درباره پتروشیمی جم". پتروشیمی جم (in Persian).
- ^ "موقعیت جغرافیایی". پتروشیمی جم (in Persian).
- ^ "تاریخچه پتروشیمی جم". پتروشیمی جم (in Persian).
- ^ "محصولات". پتروشیمی جم (in Persian).
- ^ "Jam Petrochem Plant to Increase Production". Financial Tribune. September 28, 2022.
- ^ "JAM PETROCHEMICAL COMPANY". LURSOFT.
- ^ [hhttps://sanctionssearch.ofac.treas.gov/Details.aspx?id=37916 "Sanctions List Search"]. OFAC.
- ^ "Jam Petrochemical Company". Open Sanctions.
- ^ "Treasury Targets Iranian Oil and Petrochemical Trade Network". U.S. Department of the Treasury. July 6, 2022.
- ^ "U.S. tightens sanctions on Iran, targets Chinese, Emirati firms over oil". Reuters. July 7, 2022.
- ^ "Biden administration ramps up Iran sanctions as nuclear talks falter". Middle East Eye. July 6, 2022.
- ^ "US Treasury sanctions Iranian petrochemical firms shipping products to Asia". The Times of Israel. July 6, 2022.
- ^ "US, EU to lift sanctions against 14 giant Iranian petrochemical companies soon". antaranews.com. January 28, 2014. Retrieved June 15, 2024.
- ^ "US Tightens Sanctions on Iran, Targets Chinese, Emirati Firms Over Oil". voanews.com. July 6, 2022. Retrieved June 15, 2024.