The National Iranian Petrochemical Company (NIPC) started its operations in 1964 with the launch of the Shiraz Chemical Fertilizer Plant. Today, it serves as one of the main subsidiaries of the Ministry of Petroleum and oversees the development and management of Iran’s petrochemical industry. Over the decades, NPC has built major complexes across the country and played a vital role in achieving self-sufficiency in chemical and petrochemical products. The company now ranks as the second-largest petrochemical producer in the Middle East, after Saudi Arabia’s SABIC. NPC focuses on increasing production, expanding exports, and enhancing the global standing of Iran’s petrochemical industry.