Tag Archives | Persian Gulf Holding

Foreign Investors to Flock to Iran in H2 2016

A senior petrochemical official says Iran will be targeted by foreign investors, mostly Europeans, in the second half of 2016. Isa Mashayekhi, managing director of Iran International Petrochemical Company (IIPC), said investments in Iran’s petrochemical sector have been seriously impacted by the sanctions whose removal will boost the industry in Iran. “Once JCPOA is implemented, […]

Iran to Become Major Methanol Supplier

A senior Iranian petrochemical official said more than 24 million metric tons will be added to Iran’s methanol output in less than 5 years, which will transform the country into a benchmark supplier of the item in the global markets. Mohammad Hassan Peyvandi, deputy managing director of National Petrochemical Company (NPC), said the amount will […]

Negotiations with 15 Int’l Petchem Financiers

Iran’s major petrochemical firm, Persian Gulf Holding, is in business talks with 15 major foreign companies in a bid to finance it projects. “In line with the policy to develop the petchem sector and stop crude sales, 3.5 billion euros from the National Development Fund has been allocated to the company. About 50 percent of […]