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.

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