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 and China say their relations at “the best period in their history”

Russian President Vladimir Putin and his Chinese counterpart Xi Jinping have agreed to strengthen ties…

4 hours ago

Israel says to send additional forces for Rafah operation

Israeli Defense Minister Yoav Gallant on Thursday revealed plans to send additional troops to join…

4 hours ago

Arab League calls for UN peacekeepers in occupied Palestinian territory

The Arab League has called for the deployment of a United Nations peacekeeping force in…

4 hours ago

Zelensky says military situation in Kharkiv ‘extremely difficult’

Ukrainian President Volodymyr Zelensky has admitted the military condition in the northeastern Kharkiv region was…

4 hours ago

South Africa calls on ICJ to halt Israel’s ‘genocidal’ Rafah invasion

South Africa has urged an end to Israel's "genocidal" war in the Gaza Strip and…

4 hours ago

Iraqi president denies Iranian interference in Iraq, voices support for Palestinian statehood

Iraqi President Abdul Latif Jamal Rashid has vehemently denied accusations of Iranian military involvement in…

11 hours ago