Jam Petrochemical Company

Jam Petrochemical Company:
Jam Petrochemical Co. (private joint stock) got registered under No. 32285 in Companies Registration Department on Aug 30, 2000. The legal personality of the company was altered from’ the private joint stock to the public joint stock’ on the basis of extraordinary general meeting dated Sep 15, 2008. At present, JPC owns about %75 of the total shares of Jam Polypropylene Company and %100 shares of Sana’t-karan Jam Company with sum 4800 billion RLS. As per approval of the board of directors, the execution of tenth Olefin project from the plans of the third five-year development plan for the development of petrochemical industries in the pre-utilization stage was bestowed to Jam Petrochemical Company (Private Joint Stock) since Aug 30, 2000. In order to achieve some goals of the industrial development of Iran, the main targets and objectives of the plan have been listed as follow:

• Boosting financial income as well as the promotion of scientific,
  Technical,
• Economic and social knowledge level of the country
• Development of oil export and petrochemical products and increasing the relative market share in the regional and global market
• Optimum utilization of hydrocarbon resources and thus leading to the creation of more added value
  Promotion of technical knowledge level in engineering and equipment manufacturing field
• Job creation to soar employment levels

Enhancement of national executive power. Based on of the final investigation of the approved budget, the total investment in the administration of the overall project has been estimated to hit $1585 million dollars and Rls 11185 billion (Iranian domestic currency)

LOCATION AND ADVANTAGES, JPC is considered as one of the largest producers of chemical and polymeric products in Iran and owns production lines of Olefin, LLDP, and HDPE, Butadiene, and Butene-1. Company’s registered capital reaches about 170 million USD. It owns 49% of Jam Poly Propylene Co., 100% of Jam Sanat Karan, 100% of Tapco Co. and 25% of Gohar Ofogh Industrial Park’s share.