Article: IRAN: JOINT VENTURE CONSTRUCTION CONTRACT AWARD FOR PLANNED $92,000,000 HEAVY POLYETHYLENE PLANT, KRUPP UHDE [GERMANY] & SAZEH PARDAZI IRAN CONSULTING ENGINEERING P.J.S. [IRAN] - Order #: 028202.

PROJECT OVERVIEW:

The NATIONAL IRANIAN PETROCHEMICAL CO. (NIPC) recently awarded a construction contract for a heavy polyethylene plant to a German/ Iranian joint venture. The partners in the planned undertaking include Germany- based KRUPP UHDE and the local SAZEH PARDAZI IRAN CONSULTING ENGINEERING P.J.S..

According to the terms of the award, the partnership will be responsible for building a complex with an installed production capacity of 300,000 tons per year. Part of the production output will reportedly consist of colored polyethylene that is a fast going item and has many clients in international markets. European and Southeast Asian ...

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