Managing Director of Tamin Petroleum & Petrochemical Investment Co (TAPPICO) Hassan Peyvandi and Managing Director of the Persian Gulf Petrochemical Industries Company (PGPIC) Adel Nejad Salim have been listed in the ICIS 40 Power Players in 2016.
The two figures are outstanding personalities in Iranian petrochemical circles and are seen as key decision makers in the sector in Iran.
TAPPICO is planning to invest in projects close to petrochemical special economic zones through its subsidiaries and affiliated companies.
From oil to gas to petrochemicals, TAPPICO owns a significant share in the country’s energy production.
With Peyvandi’s vision and wealth of experience, TAPPICO is set to mature and develop even further before the end of the decade.
Iran is expected to ramp up its petrochemical production threefold to 180m tonnes/year by 2025, and this will only be made possible through the sustained growth of TAPPICO under Peyvandi’s stewardship.
Another Iranian figure listed by ICIS in the 40 Power Players is Managing Director of Persian Gulf Petrochemical Industries Company (PGPIC) Adel Nejadsalim who ranked 31st in the list.
Under the PGPIC umbrella are recognized Iranian companies such as Bandar Imam and Shahid Tondgooyan, companies responsible for producing polymers and other basic chemicals.
Nejadsalim is known within Iranian and regional petrochemical circles for his astute mind and vision, and he will be instrumental in ensuring growth for PGPIC at a time of increased economic global uncertainty.
His main tasks will be to develop markets for PGPIC subsidiary companies in markets in Europe and Asia, particularly China and India.
ICIS is the world's largest petrochemical market information provider and has fast-growing energy and fertilizer divisions.
The ICIS Top 40 Power Players is a ranking of the senior executives making the greatest positive impact on their companies and the industry through capital investments, shifts in investment models, mergers and acquisitions, and innovation. In today’s more challenging growth environment, these leaders must invest in the right businesses and also continually review and reposition their portfolios for future sustainable gains.
Featuring the most prominent and influential individuals in the industry The Top 40 listing is progressively becoming a global power in its own right.