Hamoon pipeline development Co. (Hapico) has been established as a private joint stock Company.
The percentage share of each shareholder is given below:
1- Bahar Riokan Co. (80% share).
2- Luleh Va Mashinsazi Iran – LMICO (17% share)
L.M.I Co. has been established in 1959 as the first cast iron producer in Iran, in order to manufacture cast ductile iron pipes diameter 100 up to 2000 mm, types of valves, fittings and other cast iron products.
3- Individuals (3% share)