VOL. XLV

No 24

17-June-2002

IRAN

NPC Forms Joint Venture With Hansa ChemieAnd Chematur To Build IsocyanatesPlant

Iran痴 National Petrochemical Company (NPC) has formed ajoint-venture company with Germany痴 Hansa Chemieand Sweden痴 Chematur Engineering to buildand operate an isocyanates complex in the Bandar ImamPetrochemical Special Economic Zone (Petzone). Thenew firm, Karoon Petrochemical Company, is owned 40%by NPC and 30% each by Hansa Chemieand Chematur. The board will comprise three directors...