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Germany’s Linde Mulls Investment at Iran Petchem Complex

Source: www.gulfoilandgas.com 11/22/2016, Location: Asia

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Experts of the Linde Group, the world's largest industrial gas company, visited Iran’s Bandar Imam Petrochemical Complex, indicating the group’s keenness to join petrochemical projects of the complex.

During the Wednesday visit, the Linde officials met with Reza Amiri, the complex’s managing director, and other top officials of the complex.

They also expressed Linde’s readiness to invest in the complex’s projects and transfer technologies to the company. The two sides also discussed investment opportunities at Bandar Imam Petrochemical Complex.

International companies have shown eagerness to join petrochemical projects ever since the landmark nuclear deal Iran struck with the P5+1 group of countries, also known as the Joint Comprehensive Plan of Action (JCPOA), was implemented earlier this year.

So far, a credit line valued at 320 million Euros by a Japanese company for financing the Persian Gulf Petrochemical Industries Company (PGPIC) projects has been finalized.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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