According to the press office of the second conference and
specialized exhibition on support for domestic manufacturing in the
petrochemical industry, the memorandum was signed on Wednesday on the sidelines
of this specialized event.
PGPIC CEO Jafar Rabiee and Majid Mohammadpour, Chairman of the
board of directors of SIPIEM, Safar Ali Babaei, the CEO of Petrochemical
Industries Development Management Company, Ehsan Saghafi, a member of the board
of directors of SIPIEM, and Mehdi Qarouni, the CEO of Mahshahr Diamond
Petrochemical Company, signed the document.
According to the memorandum, the parties will provide goods
and equipment required from capable domestic manufacturers for the construction
and operation of Mahshahr Diamond Petrochemical Plant, including an olefin
unit, three polyolefin units and its ancillary units, with an investment volume
of about $3 billion and with the goal of increasing the share of equipment localization
to 85% of the total items required for the project.
According to the MoU, SIPIEM, as a legal entity, will functions
as a facilitator and supervisor in the supply of equipment for this project,
and will introduce competent and capable member companies in the field of goods
and services required by the project.