VOL. XXXIII
NO. 20
19-FEBRUARY-1990
Iran
IJPC Partnership Formally Ended
Iran's National Petrochemical Company (NPC) and Mitsui of Japan have formallyended their partnership in the Iran Japan Petrochemical Company (IJPC), the50-50 joint venture which was formed to build a major petrochemical complex atBandar Khomeini on Iran's Gulf coast. According to a 9 February statement issuedby the heads of the two companies, the Japanese have paid 130bn (some$900mn) to the Iranians in compensation for their...
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