Iran, Spain start cooperation in petrochemicals

The manager of a Spanish company has said the two countries have started new joint petrochemical projects. Chief Executive Officer of AIRSEC S.A. Javier Lopez who participated in The 21st Iran International Oil, Gas, Refining and Petrochemical Exhibition told IRNA that the documents signed with Iran were related to state…

EU, US firms lining up to join Iran petchem projects: CEO

A deputy petroleum minister says American firms have joined their European rivals to wade into Iran’s petrochemical industry now that sanctions have been lifted. Marziyeh Shahdaei, a deputy petroleum minister in petrochemical affairs, told a meeting with senior petrochemical executives from Persian Gulf Holding Company on Monday that following the…

Iran, Italy sign euro 1bn petrochemical MOU

Iran and Italy on Sunday signed a memorandum of understanding (MOU) worth one billion euros for cooperation in petrochemical industries. After the termination of anti-Iranian sanctions many international companies had announced readiness for presence in Iranian petrochemical industries and held talks with concerned Iranian officials, which are leading to signing…

Linde, Mitsui offer $4b investment in Iran petchem projects

German-based company, Linde AG, in collaboration with Japanese company, Mitsui & Co., are planning to invest $4 billion in a number of Iran’s petrochemical projects, said Marzieh Shahdaie, the director for projects at the National Petrochemical Company (NPC). “Linde AG and Mitsui & Co. were among the companies which had…