True World Intelligence News (TWIN)

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PressTV-European bank to invest in Iran GTP unit

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Managing director of the National Petrochemical Company (NPC) says the company is planning to build a gas-to-propylene (GTP) plant through joint investment with a European bank.In an interview with Iranian Oil Ministry’s official SHANA news agency on Sunday, Abbas Sha’rimoqaddam noted that the GTP plant will have a total capacity of 120,000 tonnes a year and will be built as joint venture by NPC and the European bank, which he did not name.

Source: PressTV-European bank to invest in Iran GTP unit

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Written by voiceoftruthusa

September 13, 2015 at 3:29 pm

Posted in Uncategorized

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