Linde, Mitsui plan $4bn investment in Iran

By John Lee.

German industrial gases company Linde and Japan’s Mitsui Chemicals are planning to invest $4 billion into petrochemical projects in Iran.

Linde is considering investment in several Iranian projects, including Damavand Petrochemicals, in cooperation with Japan’s Mitsui, Marzieh Shah-Daei projects director at the

A spokesperson for the National Petrochemical Company (NPC) told Press TV that the investment includes several projects, including the Damavand Petrochemical plant (pictured).

In December, Germany’s BASF announced that it also plans $6 billion of investments in Iran’s petrochemical sector.

(Source: Tehran Times, Trade Arabia)

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