Khorasan Petrochemical Company

Khorasan Petrochemical Company
Company typePublic company
TSE: KRSN1
ISIN: IRO1KRSN0001[1]
IndustryPetrochemical
Founded1996
FounderNational Petrochemical Company
Headquarters
Bojnord
,
Iran
ProductsUrea, ammonia, and melamine
Websitekhpc.ir/en/

Khorasan Petrochemical Company (Persian: شرکت پتروشیمی خراسان) is an Iranian petrochemical company located in Bojnord, the capital of North Khorasan province. It was established in 1990, and its first phase became operational in 1996.[2][3][4][5][6][7]

History

Khorasan Petrochemical Company was registered on July 8, 1990, as a private joint-stock company in the Tehran Office of Company Registration and Industrial Property. However, construction activities began in July 1993. On May 6, 2008, Khorasan Petrochemical changed its articles of association to become a public joint-stock company. The company was listed on the second market of Iran Fara Bourse on January 30, 2013, under the symbol "KRSN1," and was transferred to the second market of the Tehran Stock Exchange on February 5, 2019.[8] The company won Iran's National Exemplary Exporter award in 2023.[9]Also, in May 2024, the company received the National Exemplary Industrial Unit award in the presence of Ebrahim Raisi, the former President of Iran.[10]

Geographical Location

Khorasan Petrochemical is located in North Khorasan Province, Bojnord County. The company is situated at kilometer 17 of the Bojnord-Shirvan road in an industrial site. The company's area is 200 hectares, of which 30 hectares are industrial area, 40 hectares are general and non-industrial area, and the remaining 130 hectares are green space and landscape.[11]

Shareholders

The main shareholders of Khorasan Petrochemical are: TAPICO (44%), Petrofarhang (19%), and Parsian Oil and Gas (13%).[12]

Products

Urea, ammonia, and melamine constitute the main products of Khorasan Petrochemical. The feedstock for this petrochemical plant is natural gas.[13]

Notes

  1. ^ "Khorasan-Petrochemical". InvestFunds.ru (in Russian). Retrieved July 29, 2024.
  2. ^ "پتروشیمی خراسان". Student News Network (in Persian). June 21, 2019. Retrieved July 29, 2024.
  3. ^ "Khorasan Petrochemical Company Raises Output, Sales in 5 months". Financial Tribune. September 7, 2021. Retrieved July 29, 2024.
  4. ^ "Iran's Khorasan Petrochemical Company reveals value of its exports". Trend News Agency. January 6, 2021. Retrieved July 29, 2024.
  5. ^ "Khorasan Petrochemical Company boosts exports by 12 percent". IRNA. January 1, 2019. Retrieved July 29, 2024.
  6. ^ "KHPC exports $20mn petchems in Q1". Mehr News Agency (in Persian). July 23, 2021. Retrieved July 29, 2024.
  7. ^ "Khorasan Petchem Plant Boosts Urea Output by 11,000 tons". PETRO ENERGY INFORMATION NETWORK (in Persian). September 7, 2021. Retrieved July 29, 2024.
  8. ^ "سهامداران" (PDF). Khorasan Petrochemical Company (in Persian). September 22, 2023. Retrieved July 29, 2024.
  9. ^ "Khorasan Petrochemical Company named Iran's National Exemplary Exporter". PETRO ENERGY INFORMATION NETWORK. October 22, 2023. Retrieved July 29, 2024.
  10. ^ "پتروشیمی خراسان واحد نمونه ملی شد". iribnews (in Persian). May 2, 2024. Retrieved July 29, 2024.
  11. ^ "Khorasan Petrochemical Company". Tamin Petroleum & Petrochemical Investment Co. Retrieved July 29, 2024.
  12. ^ "سهامداران". Khorasan Petrochemical Company (in Persian). Retrieved July 29, 2024.
  13. ^ "طرح زیست‌محیطی پتروشیمی خراسان با حضور معاون رییس‌جمهور بهره‌برداری شد". IRNA (in Persian). November 30, 2023. Retrieved July 29, 2024.