Morvarid petrochemical company
Morvarid Petrochemical Company is a private joint-stock company that was registered in Iran Companies Registration Office on October 5, 2005, with number 256444. The location of this company is in Asaluyeh, one of the branches of Bushehr province. The production capacity of this company is more than 1 million tons of products per year. Morvarid Petrochemical Complex is located on a land of approximately 20 hectares in South Pars Special Economic Zone (Asaluyeh) and in the second phase of petrochemical industries. The ethylene unit of this complex was put into operation in March 2008. On August 16, 2010, it was handed over to Farhangian Savings Fund through the Privatization Organization to cancel the government's debt, and then to Petrofarhang according to the legal peace agreement. See also National Iranian Petrochemical Company Notes Oil refineries in Iran