Zanjan Petrochemical Co.

What Zanjan Petrochemical Co. does

Zanjan Petrochemical Co. (شرکت صنایع پتروشیمی زنجان) is an Iranian public joint-stock company, listed on the Farabourse (Iran's OTC market) under the symbol 'Zanjan' (شزنجان) on the yellow tier. Founded in September 2006, the company is developing Iran's only urea and ammonia production complex in northwestern Iran, located on a 900-hectare industrial site in Ijrud County, Zanjan Province, along the Zanjan–Bijar road near Zarinabad. Designed annual capacity is 1.07 million tons of urea and 670,000 tons of ammonia, produced from natural gas and air as feedstocks using licensed process technology from Dutch and Swiss companies, with engineering and construction executed by the Hempa Company consortium.

Name

Zanjan Petrochemical Co.

Legal name

Petrochemical Zanjan Province (پتروشیمی استان زنجان)

Website

https://znpic.ir

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Zanjan Petrochemical Co. is an Iranian publicly listed developer of a 1.07M-ton urea and 670K-ton ammonia production complex in northwestern Iran, serving agricultural fertilizer demand and a 900-hectare downstream industrial park.

Ownership category

akta.pro rank

Product category

Petrochemical Manufacturing

NAICS

Nitrogenous Fertilizer Manufacturing (325311), Petrochemical Manufacturing (325110), Industrial Gas Manufacturing (32512)

SIC

Industrial Organic Chemicals (2860)

akta.pro primary industry

Nitrogen Fertilizers (Ammonia/Urea/UAN) (IMAEAEAA)

akta.pro secondary industry

Chemical & Petrochemical Plant Construction (IMAFADAA)

Keywords

• Petrochemical manufacturing
• Urea fertilizer production
• Ammonia production
• Nitrogen fertilizer supply
• Downstream petrochemicals

Headquarters

HQ city

Zanjan

HQ country

Iran

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D

Revenue model

1. Urea Sales: Production and sale of urea fertilizer for domestic agricultural consumption and export; designed to supply urea fertilizer to northwestern Iran
2. Ammonia Sales: Production and sale of ammonia (670,000 tons annually); products designed for domestic use with export of products from coastal petrochemical complexes
3. Downstream Industries: Development office supports investments in downstream petrochemical sectors; land provision for industrial development (900 hectares)

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Zanjan Petrochemical Co. operates a urea and ammonia production complex located in Ijrud County, Zanjan Province, Iran. Using air and natural gas as primary feedstocks, the facility is designed to produce 1.07 million tons of urea and 670,000 tons of ammonia annually for domestic agricultural and industrial use, alongside a 900-hectare industrial town reserved for downstream petrochemical industries.

Product overview

Zanjan Petrochemical Co. is a major petrochemical project developing a urea and ammonia production complex in Zanjan Province, Iran. The company operates as a public joint-stock company listed on the Over-the-Counter (OTC) market (فرابورس). The product portfolio centers on two core products: Urea (1.07 million tons/year capacity) and Ammonia (670,000 tons/year capacity), which are produced using natural gas and air as feedstocks. The facility also supports downstream petrochemical industries and is positioned as the only urea and ammonia production plant in Northwest Iran.

Differentiator

Problem solved

Functional benefit

Products and services

• Urea (اوره) Urea is the primary product of Zanjan Petrochemical Co., designed for an annual production capacity of 1.07 million tons. It is a nitrogen fertilizer for agricultural use, intended to supply northwestern Iran and relieve demand pressure on coastal petrochemical complexes.
• Ammonia (آمونیاک) Ammonia is a key hydrogen-nitrogen compound produced at the Zanjan facility, with a designed annual capacity of 670,000 tons. It serves as a feedstock for fertilizers and industrial applications in domestic and downstream petrochemical uses.
• Downstream Petrochemical Industries (صنایع پایین دستی) Downstream petrochemical industrial development offering built on 900 hectares of industrial land allocated by the company. The program supports investments in downstream sectors that process urea and ammonia outputs into finished petrochemical products for domestic consumption and export.

Quantifiable outcome

• 1.07 million tons urea and 670,000 tons ammonia annual production capacity
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Dutch and Swiss Companies (Licensors)coreTechnology or Integration · 3 July 1387Licensing agreements signed for urea and ammonia production technology from Dutch and Swiss companies
• Hempa Company (همپا)coreStrategic or Co-development Partner · 26 August 1386Construction contractor; consortium of 57 subsidiary companies responsible for engineering, construction and execution of urea and ammonia units
• Various Zanjan Province CompaniescoreStrategic or Co-development Partner · 1 February 1385Founded with combination of National Petrochemical Company and several reputable Zanjan province companies; significant local ownership

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Pertenon (Pardis Petrochemical Group): Iranian downstream petrochemical holding focused on melamine and urea-derivative products. Compares to Zanjan's downstream industrial town ambitions, but operates in a different sub-segment of the nitrogen value chain.
• Qatar Fertiliser Company (QAFCO): One of the world's largest single-site urea and ammonia producers, based in Qatar. Highly comparable in terms of integrated ammonia-urea production and natural gas feedstock, but with significant global export footprint.
• SAFCO (Saudi Arabian Fertilizer Company): Among the largest urea and ammonia producers in the Middle East, listed on Tadawul. Comparable in product mix and feedstock economics, but operates in Saudi Arabia with a strong export orientation rather than domestic focus.

Broad incumbents

• Yara International: Global nitrogen fertilizer leader and one of the largest urea/ammonia producers worldwide. Comparable in product portfolio and technology, but with vastly broader geographic and product diversification.
• OCI Global: Major global nitrogen and methanol producer with significant urea and ammonia capacity. Comparable in product mix and feedstock strategy, but with global operations and public listing in Amsterdam.
• CF Industries Holdings: Large North American nitrogen fertilizer producer with major ammonia and urea capacity. Comparable in product mix and capital intensity, but operates in a different regulatory and feedstock environment.

Others

• National Petrochemical Company (NPC) of Iran: State-affiliated umbrella organization for Iranian petrochemical producers and a strategic partner/shareholder of Zanjan. Relevant as a competitive and regulatory force shaping Zanjan's market dynamics.

Direct peers

• Pardis Petrochemical Company: Iranian producer of ammonia and urea with one of the largest ammonia/urea complexes in the country. Directly comparable to Zanjan Petrochemical in product mix, technology licensors, and domestic Iranian market focus.
• Kermanshah Petrochemical Industries Company: Iranian urea and ammonia producer operating in western Iran. Closely comparable to Zanjan given similar product slate, scale, and supply to agricultural regions in Iran.
• Shahid Tondguyan Petrochemical Company: Iranian fertilizer producer focused on urea and related nitrogen products. Direct competitor in the domestic nitrogen fertilizer market with similar feedstock economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/zafic_pr
• LinkedInlinkedin.com/company/znpic

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zanjan Petrochemical Co.