On 27/02/2015, “Pardis Azarbaijan Petrochemical Industries Company (Private Joint Stock Company)” was registered under number 3278 with national ID 14004925365 and with a capital of 10 billion rials in the Maku Free Zone Companies and Industrial Property Registration Office. This company was established to construct a petrochemical complex to produce methanol from natural gas and convert it into olefins, as well as to construct downstream olefin units such as polyethylene and polypropylene. This petrochemical complex will be established at kilometer 15 of Poldasht transit road on a land area of ​​about 170 hectares.