Gulf Oil and Gas accountACCOUNT

NPC Inks MoU with Japanese Firm in Petchem Cooperation

Source: Shana 10/8/2016, Location: Asia

Iran's National Petrochemical Company (NPC) has signed a memorandum of understating with Japan's Sojitz for carrying out studies over construction of a methanol to propylene plant in Iran.

Held at the locality of the NPC in Tehran, the signing ceremony of the MoU was attended by Managing Director of the NPC Marziyeh Shahdaei and Masaru Sato, Sojitz's senior representative on Saturday.

Speaking during the ceremony, Marziyeh Shahdaei, who is also deputy petroleum minister in petrochemical affairs, said the project is of crucial importance for Iran given the vast gas reserves it is sitting atop.

Sojitz has been active in Iran over 50 years and is the first foreign company active in Iran's petrochemical sector, said Sato during the meeting.

Sojitz Corporation is a general trading company based in Tokyo, Japan.

It is engaged in a wide range of businesses globally, including buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects, in Japan and overseas.

Sojitz also invests in various sectors and conducts financing activities. The broad range of sectors in which Sojitz operates includes automobiles, energy, mineral resources, chemicals, foodstuff resources, agricultural and forestry resources, consumer goods, and industrial parks.

Petrochemicals News in Iran >>

United States >>  11/11/2019 - LyondellBasell (LYB), announced construction on its propylene oxide (PO) and tertiary butyl alcohol (TBA) plant has surpassed 20 percent completion, w...
Iran >>  11/5/2019 - The CEO of Ilam Petrochemical Company said that Furnace I of the olefin unit of the complex had come online. ...

Russia >>  11/1/2019 - SIBUR and Tatneft have closed the sale and purchase of certain production and other assets that to date have been registered in the name of SIBUR Togl...
Iran >>  10/28/2019 - Director of service-export port of tombak, PayyamMotamed, announced that three arms for loading propane and butane were installed for the first harbor...

Russia >>  10/24/2019 - Gazprom Neft has begun active construction of its modern high-tech oil-refining catalyst production facility in Omsk. The new 21,000-tonne per-year ca...
Russia >>  11/28/2014 - The Board of Directors of Gazprom Neft has reviewed information on the progress of the modernisation of the company’s oil refining facilities, and the...

Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


Iran Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2019 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.