Middle East Economic Survey

VOL. XLVIII

No 24

13-June-2005

iran

NPC Enters HDPE Joint Venture With Thai And Japanese Firms

Irans National Petrochemical Company (NPC) has entered a $225mn joint venture to build a high-density polyethylene (HDPE) plant at Assaluyeh, with Thailands Siam Cement Group, National Petrochemical Company of Thailand and Japans Itochu Corporation. MEES understands that the new plant will be separate from the world-scale polyolefins plants under construction in the Pars...