Jey Oil Refining Company
Corporate brand
UnclaimedJey Oil Refining Company is an Iranian petroleum-processing company focused primarily on bitumen production, storage, testing, and distribution.
Last updated August 31, 2026
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Overview
Jey Oil Refining Company, also known as Oil Refinery Jey or Oil Refining Company Jey, is an Iranian petroleum-processing enterprise established in 2003 with investment from the Oil Industry Personnel Pension Fund. The company is associated primarily with the production and handling of bitumen, including blown, emulsion, polymeric, and modified grades. Its stated nominal production capacity is approximately 1.8 million tonnes, making it one of the largest bitumen producers in the Middle East according to the referenced company description. The company operates production and storage infrastructure at two principal locations: Isfahan and Bandar Abbas. The Isfahan site contains several production units for blown bitumen and related products. The referenced description gives the site a nominal processing capacity of 40,000 barrels per day, a bottoms capacity of 7,100 barrels per day, and an emulsion-bitumen capacity of 200 tonnes per day. It also includes a separate unit for polymeric and modified bitumen with an annual capacity of 100,000 tonnes. These facilities position Jey as a specialist supplier for road construction, waterproofing, industrial applications, and other uses in which bituminous materials are required, although the supplied sources do not provide a complete customer or product-market breakdown. Jey’s technical infrastructure includes the G-Petroleum Laboratory, described in the reference material as a major industrial bitumen laboratory in Iran and the surrounding region. The laboratory has reportedly held an ISO/IEC 17025 accreditation certificate since 2007 and performs testing for different bitumen grades. The source also says that it supplies testing results to inspection companies, including SGS and Atlas, although the precise contractual or operational relationships are not documented in the available material. The Bandar Abbas complex serves as a storage and import-export location. The referenced description identifies eight tank units with a combined storage capacity of 24,000 tonnes. The terminal infrastructure is said to have been launched in 2015 and designed, manufactured, and operated in accordance with ASTM, Iranian Petroleum Standards, API, and NFPA 20 requirements. Bandar Abbas provides access to maritime logistics and is therefore strategically relevant to the movement of bulk bitumen, but the available references do not quantify exports, sales, revenue, or market shares. Jey Oil Refining Company should be distinguished from other Iranian oil-sector enterprises such as National Iranian Oil Company, Isfahan Oil Refinery, Pasargad Oil Company, and Persian Gulf Star Oil Company. The available material portrays Jey as a focused bitumen producer and logistics operator rather than a fully integrated crude-oil refiner. Public information supplied for this dossier does not establish a current chief executive, public listing, official website, current ownership structure beyond the cited investment connection, or a definitive operating-status statement. Accordingly, those fields remain unspecified.
History
Jey Oil Refining Company was established in Iran in 2003 with investment from the Oil Industry Personnel Pension Fund. From its formation, the company’s apparent specialization was the production and handling of bitumen rather than the broad range of fuels associated with a conventional integrated refinery. Its stated nominal capacity of about 1.8 million tonnes places it among the larger bitumen-production operations described in the available reference material. The company developed production infrastructure in Isfahan and storage and logistics infrastructure in Bandar Abbas. The Isfahan complex includes four separate units for blown-bitumen production, together with facilities for emulsion bitumen and polymeric or modified bitumen. The supplied description reports a nominal capacity of 40,000 barrels per day for the Isfahan site, a bottoms capacity of 7,100 barrels per day, and emulsion-bitumen production capacity of 200 tonnes per day. A dedicated polymeric and modified bitumen unit is reported to have annual capacity of 100,000 tonnes. Quality control and laboratory services became another part of the company’s infrastructure. The G-Petroleum Laboratory is described as a highly equipped industrial bitumen laboratory serving Iran and the region. It reportedly received ISO/IEC 17025 accreditation in 2007, enabling it to provide testing services and results for various bitumen types. The reference material further associates the laboratory with inspection companies such as SGS and Atlas, but does not specify the duration or precise form of those relationships. The company later expanded its logistics capabilities at Bandar Abbas. The terminal and storage facilities cited in the source were launched in 2015 and include eight tanks with total capacity of 24,000 tonnes. Their design and operation are described as following ASTM, Iranian Petroleum Standards, API, and NFPA 20 requirements. The location supports bulk handling and maritime import-export activity, complementing the Isfahan production base. The available references do not provide a detailed account of later corporate developments, privatization transactions, leadership changes, financial performance, acquisitions, or product-brand architecture. They also do not establish the company’s current legal status or operating scale. The historical record supported here therefore centers on the company’s establishment, development of its Isfahan production assets, accreditation of its laboratory, and creation of its Bandar Abbas storage and export infrastructure.
- 2015
Bandar Abbas terminal infrastructure launched
[1]The company’s Bandar Abbas import-export and storage facilities were launched, including eight tanks with a combined stated capacity of 24,000 tonnes.
- 2007
G-Petroleum Laboratory accreditation
[1]The G-Petroleum Laboratory is reported to have obtained an ISO/IEC 17025 accreditation certificate for industrial testing activities.
- 2003
Company established
[1]Jey Oil Refining Company was established in Iran with investment from the Oil Industry Personnel Pension Fund.
Products and positioning
A specialist Iranian bitumen producer and logistics platform combining production facilities, accredited laboratory testing, and bulk storage and export infrastructure.
Bitumen
Blown bitumen
Blown bitumen is a principal product associated with the Isfahan production complex. The company is described as operating four separate units for blown-bitumen production. This material is commonly used in road construction, roofing, waterproofing, insulation, and industrial applications, although the available references do not identify specific grades, customer sectors, or commercial brand names.
Bitumen
Emulsion bitumen
Jey’s Isfahan site is reported to include an emulsion-bitumen unit with capacity of 200 tonnes per day. Emulsion bitumen disperses bitumen in water and is used in road maintenance, surface treatments, and other applications where handling at lower temperatures is useful. Detailed formulations and current availability are not documented in the supplied sources.
Specialty bitumen
Polymeric and modified bitumen
The Isfahan complex includes a separate unit for polymeric and modified bitumen with a reported annual capacity of 100,000 tonnes. Modified bitumen is generally formulated to improve performance characteristics such as elasticity, temperature resistance, durability, or load response. The available material does not specify the polymers, grades, or end-use markets offered by Jey.
Sources1 sources
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