IFP Exclusive

Major Iranian petchem company, 2 local knowledge-based firms sign contracts worth $20mn

The Bandar Imam Petrochemical Company headquartered in the city of Mahshahr in southern Iranian Khuzestan Province has signed contracts worth $20 million with two domestic knowledge-based firms for the further development of the giant company.

“The Bandar Imam Petrochemical Company works with knowledge-based companies in various fields, namely catalysts, equipment, machinery and raw materials, and has signed two major contracts worth more than $20 million with Iranian knowledge-based firms in the field of catalyst production in the past three months,” said Sepahdar Ansar, the company’s CEO.

He added one of the company’s subsidiaries is turning into a knowledge-based company, adding, “This company has long-term plans for cooperation with knowledge-based firms.”

“One of our programs is to introduce one of our subsidiaries as a knowledge-based company to operate as the superintendent of the knowledge and petrochemical technology domain,” he added.

Bandaramam Petrochemical Company operates in the production of various chemicals, Aromatics, Polymers and LPG. This company is the largest producer of three chains of Olefins, Aromatics and Chloro Alakali in Iran.

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

Russia hits Ukraine’s power grid in biggest missile attack in months

Blasts rang out across Ukraine’s capital Kyiv and other cities early on Sunday, as Russia…

35 minutes ago

At least 50 Palestinians killed in Israeli air raid on northern Gaza

At least 50 Palestinians were killed in Israeli airstrikes on a five-story residential building in…

40 minutes ago

Biden meets Xi, condemns North Korean soldiers dispatch to Russia for fight against Ukraine

Outgoing US President Joe Biden met Chinese President Xi Jinping in Lima, Peru, to discuss…

54 minutes ago

Human rights group documents Israel’s murders, extrajudicial executions of Gazans

A human rights group has documented horrific premeditated murders and arbitrary extrajudicial executions of Palestinians…

1 hour ago

Iran says daily gas output from South Pars hit all-time high

Iran’s state-run Pars Oil and Gas Company has announced that daily production from the South…

4 hours ago

American tycoon Elon Musk threatens to ‘nuke’ people behind Russia-links smears

American billionaire Elon Musk has vowed to take action against those responsible for making false…

4 hours ago