Farhad Jahangiri is recognized as the CEO of Ghaed Basir Petrochemical, one of the active and experienced managers in the petrochemical industry of Iran. He previously worked in Sepehr Energy Holding, holding responsibilities such as Deputy CEO and membership in the board of directors of this holding.
Management Background and Changes at Ghaed Basir Petrochemical
Farhad Jahangiri's name has been registered as the CEO of Ghaed Basir Petrochemical since late 2023. Previously, Ramin Partovi Shal served as the CEO. Registered information indicates that Jahangiri was appointed to this position on March 19, 2024, and continued to be recognized as CEO in 2024 and April 2025.
Ghaed Basir Petrochemical is known in the capital market by the symbol "SHB" and its main activities relate to the production and sale of polymer, chemical, and petrochemical products. The annual production capacity of this company is about 30,000 tons of ABS and 6,000 tons of polystyrene.
Technological Collaborations and Product Development
One of the notable focuses during Farhad Jahangiri's management is the development of research and technological collaborations. At the 19th International Iran Plast Exhibition, a memorandum of understanding was signed between Ghaed Basir Petrochemical and the Polymer and Petrochemical Research Institute of Iran aimed at expanding scientific and research collaborations.
In 2026, Ghaed Basir Petrochemical succeeded in producing products such as ASA engineering polymer and transparent ABS. These products were developed with local technical knowledge and aimed for use in the automotive and household appliance industries. Recent financial reports of this company indicate significant growth in production and sales. In 2025, Ghaed Basir Petrochemical sold about 43,677 tons of products, with sales exceeding 70 trillion rials.
However, monthly performance indicates fluctuations in the production of this company. For example, in September 2026, while the company's revenue increased, the monthly production volume saw a significant decrease.
Farhad Jahangiri also became a member of the board of directors of "Pishran Oil and Gas Industry of the Persian Gulf" in May 2026 as a representative of the Persian Gulf Petrochemical Industries Company, indicating the expansion of his managerial activities in the oil and petrochemical industry.
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