28 December 2010
TEHRAN - The Iran National Petrochemical Company director said that €2b in participation bonds for petrochemical projects will soon be offered.

The Mehr News Agency quoted Ramezan Oladi as saying that $4 billion has been allocated to one of the largest petrochemical projects in Iran, the Damavand Petrochemical Complex in Assaluyeh.

The report added that the purpose of building this complex is to supply sideline services for the phase two petrochemical projects at the Pars Special Economic & Energy Zone

© Tehran Times 2010