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Markets :: Plastics :: Polyethylene

Sibur in Talks to Invest in Iran's Petchems Industry

3:13 AM MST | January 15, 2010 | Natasha Alperowicz

A Russian-Iranian working group held a meeting at Sibur's headquarters in Moscow earlier this week to discuss cooperation in the field of energy and petrochemicals. The meeting, attended by Iran's deputy oil minister Iran Hossein Noghrehkar Shirazi and Sibur's president Dmitry Konov, looked at the possibility of cooperation in petrochemicals between Sibur and National Petrochemical Co. (NPC; Tehran). "Iran aims to become the Mideast's leader in petrochemicals in the next 20 years, and  international cooperation is one way to achieve...

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