Peiman Esfahani was appointed as the CEO of Pardis Petrochemical in October 2026, replacing Abdolrahim Ghanbarian. With a distinguished background in the field of execution projects and infrastructure in oil and gas, especially in the Pars Energy Special Economic Zone, Esfahani achieved this position.
Peiman Esfahani's Executive Background
Peiman Esfahani has spent most of his career managing various industrial companies in Assaluyeh. Previously, he managed Damavand Energy Assaluyeh, which provided utilities and ancillary services for Phase 2 of Assaluyeh. Esfahani was also appointed as the Emergency and Non-Military Defense Manager for petrochemicals in the Pars Energy Special Economic Zone in October 2025.
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In early October 2026, a farewell and introduction ceremony for the CEO of Pardis Petrochemical was held, and Peiman Esfahani officially took the helm of this urea and ammonia production complex.
Pardis Petrochemical Details
Pardis Petrochemical Company is one of the largest symbols of the capital market, with its shares traded under the symbol "Shapdis" on the Tehran Stock Exchange. This complex has an annual nominal production capacity of 3 million and 225 thousand tons of granulated urea and 2 million and 40 thousand tons of ammonia across three operational phases. Pardis Petrochemical plays a key role in supplying the agricultural fertilizers needed by the country and also generates direct revenue through exports to global markets.
The financial year of Pardis Petrochemical ends on September 22 each year. According to the financial statements and the 12-month performance report for the financial year ending September 22, 2026, the total sales revenue of Pardis Petrochemical reached approximately 86 trillion and 670 billion tomans (86.7 trillion). This figure shows a growth of over 44 percent compared to the previous financial year. This increase in revenue is attributed to changes in sales rates and improved management in export markets.
However, the production of Pardis Petrochemical has been affected by challenges in gas supply. In the financial year ending September 22, 2026, the total production of this company reached 3 million and 165 thousand and 757 tons, indicating about 60.6 percent of the nominal capacity of the complex. The annual production decline compared to nominal capacity is due to a decrease of about 29 percent in the delivery of natural gas feedstock and seasonal gas imbalances.
Peiman Esfahani takes over the management of Pardis Petrochemical at a time when the company is facing several significant financial and operational issues. Ensuring a stable gas feedstock supply, pursuing the settlement of subsidized urea receivables, and planning to bridge the production gap to the full capacity of the plant will be among his priorities.
The new management's priorities include maintaining operational stability, enhancing process efficiency, and pursuing shareholder claims. The 12-month performance ending September 2026, with recorded revenue of 86.7 trillion, indicates the company's strong trading position, but managing the challenges of production decline due to gas feedstock imbalances will be the most important issue facing Peiman Esfahani at "Shapdis."
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