Petkim to build Iran chemicals

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Petkim to build Iran chemicals
Oluşturulma Tarihi: Nisan 21, 2009 00:00

ISTANBUL - Turkish chemicals producer Petkim has signed a memorandum of understanding with Iran's NPC International to build a chemicals plant in the Islamic Republic, the Turkish company said yesterday.

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 The partnership between Petkim and the Iranian company will be a 50-50 joint venture, Petkim, which is partly-owned by Turkish energy company Turcas and Azeri state owned oil firm Socar, said. The factory is expected to produce 1.65 million tons of methanol a year and 300,000 tons of polyethylene.

 

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