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Petroleum Equipment Industries Company Public Joint Stock (Iran)

Main Activities: Oil and Gas Field Machinery and Equipment Manufacturing
Full name: Petroleum Equipment Industries Company Public Joint Stock Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The main activity of The Company is the production and sale of machinery for the oil, gas and petrochemical industries including supply, distribution and commercial activities related to the company s activities.
The Company Specializes in designing and manufacturing different types of Steel Fittings Flange for Oil Gas, Petrochemical and Power Plant industries, manufacturing wellhead equipment and piping material for oil, gas,petrochemical and power plant industries on the base of international standard API, ASTM, BS and ...
The Company established as a Private Joint Stock Company in Tehran under registration number 84962 on 10 August 1991.
The Company changed its legal form to be a Public Joint Stock Company 2 August 2016
The Company listed in Iran Fara Bourse Base Market C on 29 August 2016
The Company s Subsidiaries
Wellhead Equipment Technology Co.(WETCO)
Pars Pangan Company
Tehran Sufa Company
Gostaresh ShirSazi Company (GSS Co.)
Toos payvand company
The main manufacturing plant has been established for manufacturing Wellhead equipment and X-mas trees, Turbo Compressors, Centrifugal process pumps, Mechanical seal,Casing and Tubing plant, Steel Valves, Pipe fittings, Fin fan air coolers, Fuel pump dispensers, Gaskets and Fasteners. Some of these companies have been privatized to private sector.
In2010 the remaining Holding company was privatized. The main shareholder of this group is Oil Pension Fund Investment Company (OPIC).
The Company manufactures above mention production by various material such as: carbon steel, alloy steel stainless steel and NACE application for high and low temperature and different size and pressure.
The Company s quality control system covers all production line from row material, forging and casting, machining, assembly, test, painting and packing by trained staff.
The Company is sure you will be satisfied by our quality, delivery time and competitive price in all range of production.
Values
The Company is manufacturing steel valve for oil, gas,petrochemical and power plant industries. We produce Ball, Gate, Globe, Check and Trough conduit gate valve accordance to international standards: API, BS,ANCI, NACE, ASME, DIN and …
The Company s system and manufacturing plant are well equipped to enable manufacture up to 56inches and pressure rate 150 to 4500.
The Company coverall range of material such as: Carbon steel, alloy steel and stainless steel for high and low temperature and NACE application.
The Company is able to manufacture special valve for critical application on request of end user.
3. Flange and Fitting
The Company is manufacturing various types of industrial flange and fitting in forge and welding type.
its manufacturing range covers all type of material from carbon steel, alloy steel,stainless steel and NACE applications
Also our products covers various size from 1/2 to 100inches and different pressure from SCH 10 to XXS
its product is according to international standard API,ASTM and BS
Supply material
4. Pipe and Tube
A complete range of seamless pipes in carbon steel, alloy steel and stainless steel accordance to international standards. Line pipe materials can be delivered according to required specifications.
5. Casing and tubing
We can supply Casing and Tubing in API standard connection and premium joint connection for various purpose in oil gas drillings.
6. Plate and Coil
High quality plates, sheets and bars for different purposes. Material is accordance to international standards API, carbon steel, alloy steel and stainless steel from well-known world mills.

Legal Address
Mirdamad Blvd, Kazeroun Street, North Shams Tabrizi Ave, No.5, Nikray St
Tehran; Tehran; Postal Code: 191991-4618

Contact Details: Purchase the Petroleum Equipment Industries Company Public Joint Stock report to view the information.

Website: http://www.peic.co

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1991
Key Executives
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Chairperson
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Vice Chairperson
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Ownership Details
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18.68%
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13.29%
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8%
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0.64%
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0.04%
Subsidiaries
Dairy Development Company
Pars Pangan Design And Engineering Company
Special Joint Ventilation Equipment Technology Company
Company Performance
Financial values in the chart are available after Petroleum Equipment Industries Company Public Joint Stock report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency IRR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-45.91%
Net Profit (Loss) for the Period
-76.96%
Total assets
3.14%
Total equity
10.18%
Return on Equity (ROE)
-3.74%
Quick Ratio
0.11%
Cash Ratio
-0.04%

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