Middle East Economic Survey

VOL. XLVIII

No 32

8-August-2005

Iran

NPC Awards MEG And LDPE Plant Contracts

Irans National Petrochemical Company (NPC) has awarded engineering, procurement, construction and commissioning (EPCC) contracts for two petrochemical plants intended to increase domestic utilization of the countrys expanding ethylene production capacity. On 30 July NPCs Arvand Petrochemical Company subsidiary awarded a 322mn contract to a consortium of Spains Tecnicas Reunidas and Irans Sazeh...