85988
Foreign Companies Eager to Make Petrochem Investment
Foreign Companies Eager to Make Petrochem Investment
Tuesday, May 08, 2018

Foreign Companies Eager to Make Petrochem Investment

Tuesday, May 08, 2018

Foreign Companies Eager to Make Petrochem Investment

Companies from several countries, including Spain, France and China, have expressed readiness to launch joint ventures in Iran's lucrative petrochemical sector.  Spain's Mecanicas Bolea S.A. is helping Iranian experts construct a desalination plant in Kangan Petro Refining Complex—a major petrochemical and refinery project in southern Bushehr Province.
Pedro Saura Cabello, director general of Spanish Mecanicas Bolea S.A., made the statement in Tehran on Monday, NIPNA, the National Petrochemical Company's news agency reported. 
"There are good opportunities to expand collaboration between Iranian and Spanish industrial firms and we are trying to promote cooperation," Cabello said. According to the official, the company has been involved in designing and manufacturing petrochemical equipment for the past 30 years.
"Mecanicas Bolea specializes in designing pressure vessels as well as heat exchangers," Cabello said, adding that Iranian experts can draw on the company's expertise to design petrochemical units.
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/oA1oZy
05/08/2018
  1. https://goo.gl/urdAz6
  • https://goo.gl/KcoJSH
  • https://goo.gl/URmiMb
  • https://goo.gl/T3HZcq
  • https://goo.gl/gmWq78

You can also read ...

Shipments in the first two weeks of the month were 4.05 million bpd, the highest since November 2016.
Iraq exported oil at the fastest pace since late 2016 during...
Iran's June Onshore Oil Stocks Up 3.2m Barrels
Iran’s onshore oil stocks rose 3.2 million barrels in June...
Oil Prices Fall on Rise in US Stocks
Oil prices fell on Wednesday after news of a rise in US crude...
Investment in new conventional capacity is set to plunge in 2018 to about one-third of the total.
As the world’s energy sector moves toward greater...
Power Supply to Iraq Cut  Over Rising Domestic Demand
Energy Minister Reza Ardakanian said on Tuesday Iran has cut...
India Faces Iran Dilemma
The US embargo on Iran's oil shipments has put Indian Prime...
Gas Consumption Rising
Iran’s daily gas consumption hit 521 million cubic meters on...
Petrochem Company Indigenizes Equipment
In spite of international restrictions on accessing cutting-...

Add new comment

Trending

Googleplus