Linde, Mitsui offer $4b investment in Iran petchem projects

Linde, Mitsui offer $4b investment in Iran petchem projects

Linde, Mitsui offer $4b investment in Iran petchem projects

 

 
 
“Linde AG and Mitsui & Co. were among the companies which had negotiated with us about the general conditions of Iran’s petrochemical industry before the implementation of Iran’s nuclear deal with the world powers,” Shahdaie told the IRNA on Monday.
Now that the sanctions are lifted, she said, the two companies have held further talks on investing in Iran’s petrochemical sector, however, she added, the agreement is not final yet.
Linde AG, the multinational industrial gases and engineering company, is the world's largest industrial gas company and Mitsui & Co. is one of the largest general trading companies in Japan.
Iran plans to raise its petrochemical production to around 129 million tons by the end of the country’s sixth five-year development plan (2021). 

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