Middle East Economic Survey

VOL. XLVIII

No 47

21-November-2005

IRAN

NPC Awards Gachsaran MEG Plant Contract To Mitsui/Pidec

Irans National Petrochemical Company (NPC) announced on 12 November the award of a 263mn contract to Japans Mitsui Engineering and Shipbuilding and Irans Petrochemical Industries Design and Engineering Company (Pidec) for the construction of an ethylene glycol and ethylene oxide plant at Gachsaran. The new plant will be one of up to eight planned to utilize ethylene to be...