Tijarat Pishgaman Ofogh Ahdaf (TPACO) is a project-focused company fully owned by Ahdaf Investment Group. TPACO was established to implement a strategic industrial investment in the lubricants value chain: the development of a Group III base oil production plant in Abadan, Iran.

TPACO’s role is to bridge upstream refinery streams and downstream lubricant markets by converting refinery-derived heavy lube feed into premium base oils. The project is defined to support (i) domestic supply reliability, (iireliability, (ii) import substitution of higher-grade base oils, and (iii) export optionality for surplus production-while operating under robust governance, safety, and environmental principles suitable suitable for the Bream area context.