IRAN: Axens, private Iranian firm sign MoU for PC complex & refinery catalysts

Axens and a private Iranian firm have signed a memorandum of understanding for the purchase and production of catalysts for petrochemical complexes and refineries, according to a post on Iran’s National Petrochemical Co. (NPC) website.

During the years sanctions were imposed on Iran, Iranian experts achieved the technical knowledge to produce petrochemical catalysts and eliminate the need to import them from European countries. Those catalysts are currently being used at the Bandar Emam, Buali, Nouri and Karoun petrochemical complexes, and the Isfahan refinery.

Under the new agreement, the two parties plan to cooperate under a common brand to meet Iranian requirements, as well as export joint production regionally.

Source: Weekly “PetroChemical News”, Durham, NC, USA; 8 Feb 2016
(Syed Rashid Ali, Karachi, Pakistan)