Pars Oil

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Pars Oil Company Ltd
Type Public limited company
Industry Petroleum Industry
Founded Tehran 1959[1]
Headquarters Tehran, Iran
Area served Worldwide
Key people Ali Sadeghi
Employees +1000[2]
Website Pars Oil Co.

Pars Oil Company is an oil refining company with headquarters in Tehran.[1][3]

History and development[edit]

Pars Oil Company was founded in 1959 as a Joint Stocks Company by Abdol-Ali Mirza Farmanfarmaian and some of his relatives, later adding more stock holders. Later it was admitted to Tehran Stock Exchange in 1962.[1] After the Islamic Revolution of 1979, the company was ceased by the revolutionary government and passed on to the control of the Mostazafen Foundation of Islamic Revolution, a government owned umbrella group set-up as part of the nationalisation efforts of the new government. From the 1990s, some of the stocks were returned to the former stock holders. In 2000 Foad Rey purchased 48.7 percent of Pars Oil Company stocks.[4]

Products[edit]

The main products of the company are Gasoline Engine Oils, Diesel Engine Oils, Gas Engine Oils, Automotive Gear Oils, Industrial Oils, Antifreezes and Brake Fluids, Greases and Marine Oils.[1][5]

Certifications[edit]

Pars Oil Company has qualified for ISO 9001 from SGS, as well as many other health, safety, and environment certificates including ISO 14001 and OHSAS 18001.[1]

Export markets[edit]

Pars Oil Company started to export its products in 1994. The current export markets are India, China, some African and European countries.[1][5]

See also[edit]

References[edit]

External links[edit]