Denmark's Topsoe Plans Tehran Office

Denmark's Topsoe  Plans Tehran OfficeDenmark's Topsoe  Plans Tehran Office

Danish catalysis company Topsoe said in a press release on Thursday it will open an office in Tehran as it has reached an agreement with an Iranian firm to establish a petrochemical plant in the country's south. Topsoe, a catalyst and services vendor to petrochemical and refining industry, said in a press release to Financial Tribune that it has signed a contract with Iran's Badr-e-Sharq Petrochemical Complex for licenses, engineering, proprietary equipment, materials and catalysts to establish a methanol plant in the southern port city of Chabahar. The plant will be the first of its kind in a new industrial zone in Chabahar, according to the company. “Iran is on the doorstep to a period of great progress," Per K. Bakkerud, executive vice president of Topsoe’s chemical business unit in Europe, the Middle East and Africa, said in the statement. "The abundant natural resources are more or less a guarantee for blooming business in the petrochemical and refining industry."