43475
Swiss Firm to Develop Petrochem Project
Energy

Swiss Firm to Develop Petrochem Project

Switzerland's Welding Engineers Ltd, a Swiss engineering and manufacturing company, signed an agreement last week to develop Sadaf Petrochemical Asaluyeh Company's production line.
The Geneva-based company will develop the final stage of Sadaf Petrochemical's production line that will include dewatering and packaging the company's products for sale and export, IRNA reported on Sunday.
Sadaf Petrochemical's main product is synthetic rubber, known as ESBR, which is largely used to manufacture tires and industrial rubber goods for automotive industry. Welding Engineers will implement the project under the supervision of Versalis S.p.A., a chemical company affiliated to Italian oil and gas giant Eni.
The deal is part of efforts to put Iran's petrochemical industry back on the global map. Iran's nominal petrochemical production capacity is close to 60 million tons a year, with annual output standing at 40.5 million tons, 44.5 million tons and 45.6 million tons over the past three years. The volume is expected to reach 50 million tons this year.
Iran also plans to double its production capacity by 2020 and raise it to 180 million tons a year in a decade.

Short URL : http://goo.gl/9rPKr8
  1. http://goo.gl/Uht3bZ
  • http://goo.gl/rA3zQM
  • http://goo.gl/K3F0YS
  • http://goo.gl/mnYxB4
  • http://goo.gl/uicOjU

You can also read ...

The OGCI initiative is now made up of BP, Chevron, CNPC, Eni, Equinor, ExxonMobil, Occidental, Pemex, Petrobras, Repsol, Saudi Aramco, Shell and Total.
ExxonMobil, Chevron and Occidental Petroleum are joining the...
New Delhi Will Pay for Iranian Oil in Rupees
India may revert to paying Iran in rupees for the oil it buys...
Zanganeh to Veto OPEC Decisions Against Iran
Oil Minister Bijan Namdar Zanganeh on Thursday said he would...
US Wants Lower Oil Prices  for Protecting Arab States
US President Donald Trump on Thursday demanded OPEC lower...
Iraq Crude Exports From South Nearing Record High
Crude oil exports from southern Iraq are close to a record...
MAPNA to  Build Petrochem,  Power Plant in Parsian SEZ
Iran's top engineering and energy enterprise MAPNA Group is...
US Oil Sanctions to Harm Int'l Economy
Imposing sanctions against oil producing states like Iran will...

Trending

Googleplus