Iran says it expects the French energy giant Total to invest as much as $2 billion in its petrochemical industry. Adel Salimnejad, the managing director of Irans Persian Gulf Holding Company, told the domestic media that Totals investment will be made in an olefin project. Salimnejad added that a deal to the same effect will be signed with ...

TEHRAN April 18(Shana)--Persian Gulf Holding Company is forecasted to produce more than 20 million tons of petrochemicals in the current calendar year. Production from companies run under Persian Gulf Holding reached 18.5 million tons in the last calendar year which ended on March 20, the Holdings manager said. Adel Salim-Nejad said the output ...

TEHRAN Dec 24 (Shana)--Persian Gulf Holding Companys annual exports have reached 8-9 billion dollars, the companys managing-director said. Adel Salim-Nejad said Persian Gulf Holding was ranked the second largest producer of petrochemicals after Saudi Arabias SABIC in the Middle East last year. He said Persian Gulf Holding produced at 68% of its nominal ...