PRTC Managing
Director Esmaeil Ghanbari and Hossein Alimorad, director of investment affairs
at the National Petrochemical Company (NPC), met with senior Air Liquide executives
in Germany to sign the deal that focuses on the two companies’ cooperation in licensing
MTP procedures under an Iranian brand name, Pars MTP.
In 2004, PRTC
and Lurgi signed a deal in a similar vein which never reached fruition thanks
to the US-led sanctions on Tehran.
After
suspending joint co-operation and during the international sanctions on Iran, Lurgi
has provided a license to building three industrial units with a capacity of
450 to 500 thousand tons per year in China, which are in operation. In
parallel, PRTC, during the same period, has completed, modified and set up a
semi-industrial unit (Demo Plant) to produce propylene from methanol, said Ghanbari.
Air Liquide
S.A., is a French multinational company which supplies industrial gases and
services to various industries including medical, chemical and electronic
manufacturers.