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
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
His main tasks will be to develop markets for PGPIC
subsidiary companies in markets in Europe and Asia, particularly China and
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