VOL. XLVI

No 27

07-July-2003

IRAN

Nematzadeh Outlines Expanded NPC Privatization Plan

Irans National Petrochemical Company (NPC) plans to expand its privatization drive by offering shares in subsidiary companies operating large scale petrochemical complexes, according to NPCs President Mohammad Nematzadeh. Speaking at the Irans Financial Future conference at Londons Royal Institute of International Affairs (RIIA) on 1 July, Mr Nematzadeh said that stakes in some of the countrys largest...