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PCC Shanghai, a subsidiary of the NPC's commercial arm, Iran Petrochemical Commercial Co. (IPCC) has begun its activities since 1 September 2001.
Based in PUDONG Free Trade Zone, China, PCC Shanghai markets NPC's products in the region and trades petrochemicals from other countries.
IPCC has expanded its global network by establishing offices in London, Hamburg, Beijing, Singapore, Dubai and India.


IPCC has set up two new companies. The new companies are Terminals and Export Storage Tanks Management Co. (TESTMCO) and General Equipment Supply and Centralized Warehouses Co. (GESCWCO).
TESTMCO is set up to reduce costs of purchasing and speed up supply of general equipment. With the construction of TESTMCO's warehousing facilities, additional investment for constructing individual stores and warehouses for NPC projects at Petzone and Parsee will be avoided. GESCWCO is expected to help reduce the warehousing operation and costs at the production facilities. It also helps IPCC to make much of the existing loading/unloading terminals at complexes and devise longer-term export planning.


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