Pequiven was founded in 1977 assuming the operations of the Venezuelan Petrochemical Institute (IVP), founded in 1955. The company is the Venezuelan state corporation responsible for producing and marketing of basic petrochemical products with priority to the domestic market and export capacity. It has 22 subsidiaries and 9 joint ventures, serving as a whole marketing 3 units: Fertilizers, Industrial and Olefins and Plastics. Pequiven is a subsidiary of state oil company PDVSA and since 31st of DecemberMore
Fertilizers, industrial chemicals products and plastic resins and olefin.
Full name: Petroquimica de Venezuela S.A.
Legal Form: Public Limited Company
Operational Status: Operational
Incorporation Date: 15-Jun-77