2 Firms Sign Deals to Inject New Tech in Petrochem Sector

Two knowledge-based companies have signed contracts with Iran’s Research Institute of Petroleum Industry, affiliated with the Oil Ministry, 
to inject new technologies in petrochemical sector.
Based on RIPI’s latest news, the institute is planning to work with Azma Sanj Pishro Company (ASP) in Tehran to transfer the knowledge of water- and oil-based nanofluid production, Mehr News Agency reported.
The institute, in return, has committed to provide technical consultation and support, commercialize ASP’s petrochemical products, make research and development investments and expand the tech firm’s market.
The second contract is forged with Toftech company operating in Isfahan, the institution said.
Toftech’s major mission is the manufacture of advanced scientific devices used in laboratories, including mass and ion-mobility spectrometers (IMS).