VOL. XLV
No 39
30-September-2002
IRAN
Technip-Coflexip Announces Start Of Olefins 10Cracker Project
Paris-based Technip-Coflexip has announced the coming into force of acontract to build the worlds largest ethylene cracker, which forms part of theOlefins 10 complex under construction by IransNational Petrochemical Company (NPC). The 18-month delay since the award of thecontract (MEES, 19 March 2001) reflects the difficulty in raisingproject finance at a time when lenders everywhere are cautious...
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