SHANA -- The CEO of the Iranian Oil Terminals Company (IOTC) said the company was serious in exploiting the equipment and services offered by domestic companies. According to IOTC, Abbas Asadvouz told a technical meeting of the company that tapping the potentialities of domestic startups was also one of the priorities of the company Given the ...

SHANA - The Iranian Oil Terminals Company successfully developed the savvy to manufacture electric actuators for industrial valves in oil and petrochemical operations. The caretaker of IOTC said this broke the monopoly of British, French and American companies for production of the item. Abbas Asadrouz said the design and manufacturing of the ...