Military Petrochemical Joint Stock Company (MIPEC) was established in 2003. Starting with the production of specialized lubricants for military equipment, MIPEC has continuously expanded and diversified its business investments. These range from manufacturing various types of lubricants for the civilian market to petroleum trading, warehousing and port facilities, commercial services, retail, and particularly real estate investment and development. In every field of operation, MIPEC has made its mark with high-quality products and services.