| Company type | Subsidiary TSE:Arya Sasol Polymer (APOZ1) ISIN: IRO3APOZ0002 |
|---|---|
| Industry | Petrochemical |
| Founded | 2002 |
| Founder | National Petrochemical Company |
| Headquarters | , |
| Products | Chemicals |
| Website | www |
The Arya Sasol polymer Company, (Persian:شرکت پلیمر آریا ساسول) is an Iranianpetrochemical company located inAsaluyeh, Iran. The establishment contract for this company was signed in April 2002 through a memorandum of understanding between theNational Petrochemical Company of Iran and the German branch ofSasol, aSouth African company. According to this contract, it was decided that theolefin unit, as well as the twoLow-density polyethylene,Medium-density, andheavy polyethylene units ofPars Petrochemical Company, would be separated and established as an independent company under the name Arya Sasol. The aim of this separation was for the new Arya Sasol company to become the best and leading polymer producer in theMiddle East region. Arya Sasol's polymer is considered a legacy of the partnership between Iran and South Africa's Sasol in the early 2000s. The shares of this company are indexed on theTehran Stock Exchange under the name "APOZ1".[1][2][3]
Arya Sasol Polymer Company annually produces one million and one hundred thousand tons ofethylene in itsolefin unit, 375 thousand tons oflow-density polyethylene in its LDPE unit, and 375 thousand tons ofmedium andhigh-density polyethylene in its MDPE/HDPE unit.[4]
In the 5th Organization-Wide Innovation Award (2023), Arya Sasol was able to secure four top ranks for Iran and win the award.[5][6]
