Iran petchem zone signs 5 deals at oil show

Iran petchem zone signs 5 deals at oil show
(Sunday, May 21, 2023) 17:21

TEHRAN (NIPNA) – Iran's Special Economic Zone Organization for Petrochemical Industries signed five contracts and memoranda of cooperation at the 27th International Oil, Gas, Refining and Petrochemical Exhibition in Tehran on Saturday.

 

The deals were signed with various domestic and foreign partners in the presence of Morteza Shahmirzai, deputy oil minister and managing director of the National Petrochemical Company (NPC), Nipna.

The organization signed a contract for implementing a butadiene and raffinate development project with Takht-e Jamshid Petrochemical Company and a contract for implementing a sodium formate production project with a Chinese investor.

The organization also signed a memorandum of cooperation on a butylene chain project with Sheikh Bahai Petrochemical Company, a memorandum of cooperation on establishing a project for producing methyl methacrylate and polymethyl methacrylate with Entekhab Sepehr Asia Company and a tripartite memorandum of cooperation on establishing a satellite park in Mahshahr area for building pilot plants for petrochemical industries with Oil and Gas Technology and Innovation Park. 

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