PCC Inks Petchem MoU with Pertamina

Source: Shana 8/16/2016, Location: Asia

Iran's Petrochemical Commercial Company (PCC) has signed a memorandum of understanding (MoU) with Indonesia's state-run Pertamina on petrochemical cooperation.

PCC officials met with Pertamina executives here in Tehran earlier this month to ink the cooperation deal and to discuss petrochemical cooperation.

During the meeting the Indonesian side declared willingness to directly import liquefied petroleum gas (LPG), gas condensate and bitumen from PCC.

In return, PCC indicated interest to buy aromatics from Pertamina.

Also, an executive team comprising representatives from the two companies will be formed for planning enhancement of commercial activities between the two firms and to implement agreements by them.


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