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Thursday, 3 May 2018

Iran, China ink MOU on establishing petrochemical park




Iran’s National Petrochemical Company (NPC) and China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MOU) for strategic cooperation, ILNA news agency reported.
Based on the MOU which was signed by NPC’s managing director Reza Norouz-Zadeh and CPCIF’s chairman Li Shousheng, the two sides agreed on constructing a petrochemical park in Iran.
According to NPC’s investment director Hossein Alimorad, this MOU paves the way for further expansion of cooperation between the two countries’ petrochemical sectors.

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