Iran possesses abundant natural resources, including iron, aluminum, oil, gas and many others which offer ample investment opportunities in different industries. These huge oil and gas resources, which are readily available and cost-effective, have paved the grounds for the expansion of petrochemical industry in Iran.
Iran ranks second largest producer of petrochemical products in the region with annual production installed capacity of 60.6 million tons of petrochemical products by the end of 2015.
With 157.8 billion barrels of proven oil reserves (ranking fourth in the world’s oil reserves) and total proven natural gas reserves of approximately 34 trillion cubic meters (ranking number one as holder of natural gas reserves in the world) by the end of 2015, Iran is estimated to be the most stable supplier of feeds to the petrochemical industries across the country and in the World.
Considering this fact, this Industry is the most active industry of the country which has the one of the hugest market. NAFIS GROUP as a pioneer corporation in Oil & Gas & Petrochemical & Chemical industry has entered in this area with Nafis Energy Co., Varziran Co., Salafchegan Pipe Protection Co., Mahshahr Pipe Protection Co. These companies are capable in supplying industrial equipment including pumps, Valves & Actuators, OCTG (Tubing, Casing, Drill Pipe, Line pipes), Mill Products (Round bars, plates, sheets, wires, …), Semi finished products (rings, discs, …), Well Completion Equipment, Fitting & Flanges, Well head & Drilling Equipment and Net shape products.