Tuesday, February 05, 2008

NPC awards LLDPE contract to Nargan-Tecnimont consortium

Iran's National Petrochemical Company (NPC) has awarded a €428 million contract for linear low density polyethylene (LLDPE) units to Iranian company of Nargan in partnership with Italy's Tecnimont. The LLDPE units are to be located in Lorestan and Mahabad - affiliates of Bakhtar Petrochemical Company, set up along the western ethylene pipeline. Bakhtar Petrochemical Company is 70% owned by the private sector.

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