Middle East Economic Survey

VOL. XLVIII

No 28

11-July-2005

Iran

NPC Awards Contract For Doubled Capacity 11th Olefins Cracker

The Bakhtar Petrochemical Company subsidiary of Irans National Petrochemical Company (NPC) has awarded a 960mn contract for the construction of two 1.2mn tons/year ethylene crackers at Assaluyeh to a consortium of Germanys Linde, Irans Sazeh and Hyundai of South Korea. The crackers will form the centre of the planned 11th Olefins complex to be built in the Pars Special...