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Iran petchem sector draws $13bn in bids

TEHRAN, December 29, 2015

German firms have proposed deals worth more than 12 billion euros ($13 billion) for financing petrochemical projects in Ian, a report said.

“Two leading German companies have indicated their interest to bankroll petrochemical projects as much as €12bn in Iran in the post-sanctions era,” Abbas Shari-Moqaddam, managing director if National Petrochemical Company (NPC), was quoted as saying in the Iran Project.

“Given the recent international developments, we are hosting meetings with high-profile delegations in Iran’s petrochemical industry,” he added.

Tags: petrochemical | Iran | German firms |

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