Managing Director of Persian Gulf Petrochemical industries Company Adel Nejad Salim said the company has inked its first deal with a renowned petrochemical company from Europe.
Speaking to reporters on the sidelines of the 21st Iran International Exhibition of Oil, Gas, Refining and Petrochemicals, Nejad Salim said the deal is valued between 200 million to one billion euros.
He said PGPIC has brought its production capacity from 68% in 2013 to 77% by the end of the holding’s 5-year strategic plan.