Complete Profile of Bakhtar Petrochemical Holding

The company’s core mission is to oversee and synergize a series of olefin and polyethylene plants strategically located along this pipeline. By transforming ethane from the South Pars gas field into a diverse portfolio of high-value polymer products, Bakhtar Holding plays a pivotal role in national economic strategy, ensuring balanced industrial growth and maximizing the utilization of the country’s vast natural resources.

This table provides a quick, comprehensive overview of the key facts and figures about Bakhtar Petrochemical Holding.

Founded in 2004, Bakhtar Petrochemical Company was entrusted with a clear national mandate: to spearhead the development of the petrochemical industry in the western regions of Iran. This initiative was a direct response to the need for more equitable economic growth across the country. The primary objective was to create a sustainable and profitable industrial value chain by leveraging the rich ethane resources from the supergiant South Pars gas field.

The cornerstone of this strategy is the West Ethylene Pipeline, a massive infrastructure project that functions as a vital artery. It feeds ethylene to several downstream polymer plants, each designed to catalyze economic activity in its respective province. The overarching goals of this initiative include:

• Balanced Development: Promoting industrialization, technology transfer, and significant job creation in provinces that were previously marginalized from heavy industrial investment.
• Value Creation: Maximizing the economic benefit of Iran’s hydrocarbon resources by converting raw natural gas into high-value, export-oriented polymer products.
• Resource Optimization: Ensuring the efficient and strategic use of feedstock from the South Pars field, preventing the sale of raw materials in favor of finished goods.
• Logistical Advantage: Establishing production facilities closer to high-demand domestic markets in the west and, crucially, to neighboring export markets such as Turkey, Iraq, and Armenia, thereby reducing transportation costs and delivery times.

The operational scope and strategic importance of Bakhtar Holding are defined by the path of the West Ethylene Pipeline. This remarkable piece of infrastructure, one of the longest of its kind in the world, starts its journey at Kavian Petrochemical in Assaluyeh. As the world’s largest standalone ethylene producer, Kavian Petrochemical serves as the heart of the project, supplying the necessary feedstock for the entire chain.

From the Persian Gulf, the pipeline travels over 1,500 kilometers westward, supplying a continuous stream of ethylene to a series of subsidiary companies located in various provinces, including:

• Khuzestan
• Lorestan
• Kermanshah
• Kordestan
• West Azerbaijan

This strategic placement not only supports local economies but also positions the subsidiary plants as logistical hubs, enabling them to serve their local regions efficiently and facilitate easier, faster exports to key international markets.

As a holding company, Bakhtar’s product portfolio is the collective output of its specialized subsidiary companies. The holding company masterfully manages the feedstock supply chain and ensures operational integration, while the individual subsidiaries focus on the production and marketing of the final products. The table below details a more comprehensive list of the key products and commercial grades for each facility in the Bakhtar group.

To guarantee global competitiveness and superior product quality, the subsidiary plants of Bakhtar Holding utilize state-of-the-art technologies from world-renowned licensors. This commitment to cutting-edge technology ensures high efficiency, operational stability, and premium-grade products.

• Ethylene Production (Kavian): The massive ethylene output is achieved using proprietary technologies for ethane cracking, optimized for large-scale, continuous operation.
• Polyethylene Production (Subsidiaries): Most of the polyethylene plants, including those in Lorestan and Mahabad, operate under license from LyondellBasell, a global leader in chemical technology. They employ its advanced Hostalen process for HDPE and Spherilene process for LLDPE. This ensures that all products meet stringent international standards for quality, consistency, and performance, making them suitable for high-end applications.

• Head Office Address: No. 20, 13th St., Ghaem Magham Farahani St., Tehran, Iran.
• Phone: +98 21 42847000
• Email: info@bakhtargroup.com
• Official Website: https://www.bakhtargroup.com/en/