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Germany's Linde wins 400M euro bid to build Iranian petrochemical plant

Berlin, July 5, IRNA-Linde AG, Germany's largest maker of industrial gases, signed a 400 million euro order to build a 1.2 billion US dollars ethylene-making plant in the Iranian city of Assalouyeh on the Persian Gulf, the business daily Handelsblatt reported Tuesday.

Linde AG, which won the order from Iran's National Petrochemical Company (NPC), will build the plant together with South Korea's Hyundai Engineering and Construction Co and Iran's Sazeh Consultants.

Bordering on the Assalouyeh petrochemical complex, the plant is projected to have an annual production capacity of 1.2 million tons of ethylene once construction is completed after four years.

... Payvand News - 7/5/05 ... --

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