Tamin Petroleum & Petrochemical Investment Co., known in the Iranian capital market by the symbol “TAPPICO,” is a multi-sector industrial holding under the Social Security Investment Company (SHASTA). After nearly two decades of economic activity, it has become one of the most significant and profitable companies, ranking among the top ten in the Iranian capital market.

The company was initially established as “Abadan Oil Refining Company” in December 2002. In 2003, an extraordinary general assembly was held, leading to a change in the company’s bylaws, which resulted in the relocation of the company’s headquarters from Abadan to Tehran. The company’s name was also changed to “Chemical and Cellulose Investment Company of Tamin.” A year later, in 2004, as the company’s operational activities expanded and its presence in the petrochemical industry increased, another extraordinary general assembly was convened, and the company’s name was once again changed to “Petrochemical and Chemical Investment Company of Tamin.”

In 2011, the Social Security Investment Company (Shasta) made a strategic decision to reorganize its subsidiary companies. This led to the integration of “Holding Oil and Gas Tamin” with the “Investment Company of Petrochemical and Chemical Industries Tamin,” which resulted in the renaming of the entity to “Tamin Petroleum & Petrochemical Investment Company.”

In March 2013, this company was listed on the stock exchange and securities market under the symbol “TAPPICO,” and its shares were made available in the capital market in June 2103.

Vision

Achieving the highest sustainable value in the oil, gas, and petrochemical industry of the country while remaining competitive on the international stage

Core Values

1. Legal compliance and transparency in performance
2. Upholding meritocracy and ethical values
3. Highlighting creativity, innovation, and differentiation in decision-making
4. Responsibility and accountability to stakeholders
5. Informed decision-making based on credible data

Strategies

1. Enhancing collaboration and joint investment with reputable domestic and international companies within the value chain
2. Advancing and refining both upstream and downstream segments of the value chain
3. Optimizing the portfolio through organization, mergers, and acquisitions, both internally and externally
4. Achieving optimal financing by utilizing appropriate tools in domestic and international financial markets
5. Focusing on research and development while penetrating domestic and export markets
6. Promoting economic synergy among group supply companies