The Persian Gulf Petrochemical Industries Corporation has improved its position in the latest ranking released by the Independent Commodity Intelligence Services, which is the world’s largest petrochemical market information provider.
The ICIS 100 Top Chemical Companies in 2020, which reviews the companies' performance during last year, shows Iran’s PGPIC standing at 37th place while the company was ranked 40th in 2019, the Oil Ministry’s news agency Shana reported.
PGPIC’s better performance comes despite severe US sanctions on Iran, which prevented access to international funding, and the Covid-19 pandemic that has had a negative impact on many companies and markets.
Add new comment