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IRAN: Joint venture construction contract award for planned $140,000,000 olefins offsite and utilities plants, INTECSA-UHDE [Germany-Spain] - Order #: 014503.

Publication: WWP- Report on Oil Gas & Petrochemicals in the Developing World
Publication Date: 01-JAN-03
Format: Online - approximately 974 words
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

The local PARS, a subsidiary of the NATIONAL PETROCHEMICAL CO. (NPC), is currently involved in the construction of an olefins complex at Bandar Assaluyeh. In so doing, the company recently awarded a contract to a 50:50 German/Spanish joint venture, operating under the...

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...name of INTECSA-UHDE. According to the terms of the award, the partnership will be responsible for building offsite and utilities plants for the olefins manufacturing base.

The partners in the planned undertaking include Germany-based UHDE and the DRAGADOS GROUP of Spain.

DRAGADOS employs a total workforce of approximately 51,000 and operates through 200 subsidiaries. The group is involved in construction, the provision of services to companies and communities, industrial engineering, infrastructure concession and management as well as the environment among other activities.

KRUPP UHDE, which resulted from the merger of KRUPP KOPPERS and UHDE, employs a worldwide...

NOTE: All illustrations and photos have been removed from this article.



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