Middle East Economic Survey
VOL. XLVIII
No 20
16-May-2005
IRAN
NPC And Basell Vow To Maintain Ties Despite Blocked Takeover Bid
Irans National Petrochemical Company (NPC) and leading polyolefins producer Basell intend to continue working together, despite the Iranian companys failed bid to buy Basell after the US government put pressure on equity owners BASF and Shell (MEES, 9 May). NPC President Mohammad Nematzadeh told reporters on the sidelines of the 7th Iran Petrochemical Forum in Tehran on 8...
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