Middle East Economic Survey

VOL. XLVIII

No 25

20-June-2005

iran

HDPE Project Awarded To Mitsui/Rampco Consortium

A joint venture comprising Irans National Petrochemical Company (NPC), Thailands Siam Cement Group and National Petrochemical Company Of Thailand, and Japans Itochu Corporation, has awarded a $225mn contract to Mitsui of Japan and Irans Rampco to build a high-density polyethylene (HDPE) plant at Assaluyeh. The joint venture, which has been designated Mehr Petrochemical Company, was...