IRAN

Israel Chemicals Second-Quarter Profits Soar
Israel Chemicals Ltd. (ICL; Tel Aviv) has reported a 445% increase in net profits to $703.2 million for the second quarter ended June 30. And sales for the period increased by 116% to $2.07 billion. The rise in sales was driven by ICL Fertilizers business...

Sun Pharma Gets U.S. FTC Approval for Taro Tender Offer
Sun Pharmaceutical Industries (Mumbai) says the U.S. Federal Trade Commission (FTC; Washington DC) has given clearance for the previously announced tender offer by Alkaloida Chemical Company Exclusive Group (Tiszavasvari, Hungary), a subsidiary of...

Iran: A Major Player in Waiting
Iran is preparing to become a major player in international petrochemical markets, said speakers at the 8th Iran Petrochemical Forum (IPF), held recently in Tehran. National Petrochemical Co. (NPC; Tehran), the country’s biggest producer, has announced...

Iran's NPC to be Privatized Subsidiary by Subsidiary
National Petrochemical Co. (NPC; Tehran) will not be privatized as one whole as was previously anticipated, according to a report in the Iranian Economic Digest (IED). Quoting the head of National Iranian Oil Company's (Tehran) privatization head, Ali...

Linde Lands to Work on Iran’s Olefins 12 Complex
National Petrochemical Co. (NPC; Tehran) has appointed Linde to carry out preliminary engineering work on the planned Persian Gulf Petrochemical olefins complex at Assaluyeh, Iran, CW has learned. Linde will prepare cost estimates for the complex, also known...

More Stories »