Jam Petrochemical Company (private joint stock) got registered under No. 32285 in Companies Registration Department in 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 board of directors, the execution of tenth Olefin project from the plans of the third five-year development plan for development of petrochemical industries in pre-utilization stage was bestowed to Jam Petrochemical Company (private Joint Stock) since Aug 30, 2000.
Read More 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: Based on of the final investigation of the approved budget, the total investment on administration of the overall project has been estimated to hit $1585 million dollars and Rls 11185 billion (Iranian domestic currency). Position in the Industry Jam Petrochemical Company, in terms of capacity, stands first in Iran & is one of the largest petrochemical producers of in the world. This complex enjoys some unique features which makes it unique in Islamic republic of Iran’s economy: JPC’S POSITION AMONG IRAN’S TOP 100 COMPANIES On the occasion of top 100 Iranian companies, JPC stood at the 27th rank. Only Persian Gulf Holding and Noori Petrochemical company had better ranking in the petrochemical companies group. Persian Gulf Holding is a group of 16 petrochemical companies and allocated the 3rd rank to itself. Noori petrochemical company was ranked 16th due to its high profit and products diversity. Bandar e Emam and Maroun petrochemical companies were ranked 28 and 30th, respectively. Iran’s top 100 companies list includes 15 petrochemical firms. Position in Stock Market JPC was first listed in Tehran Stock Exchange in November 2010 and its equities were offered to public in 2012 in the second market of Fara Bourse. In terms of value and volume of traded shares, JPC stays in the 4th position in petrochemical companies group. Considering young presence of the company in stock market, this ranking represents brilliant hopes and positive attitude of market activists. Jam in Global Market In the field of polymeric products, JPC is considered as one of the largest exporters. In HDPE products group, the company stays at first place. Almost 80% of its products are exported to 20 countries across the world. China is one of the main destinations for the JPC’s products. Except China, Turkey, Pakistan, CIS countries, European and South American countries are other export destinations. It is expected that the company can have a major role in African market as well. During recent years, CIS countries share raised from 1% to 3% and for the Turkish market, it rose to 10% from 4%. 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 to 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. Read Less
Other advantages of JPC are:
Products:
Olefin
1,3-Butadiene
LLDPE
HDPE
Butene-1
MSDS