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Grupa Azoty of Poland to invest in Iran's petrochemical projects

Xinhua, January 30, 2017 Adjust font size:

Poland's Grupa Azoty company has signed a memorandum of understanding with Iran's Petrochemical Special Economic Zone to participate in Iranian petrochemical projects, semi-official Fars news agency reported on Monday.

The deal, signed recently in Poland, envisages knowledge transfer to and investment in Iranian petrochemical projects.

Grupa Azoty S.A., Europe's biggest supplier of fertilizers, focuses on the production of inorganic fertilisers, caprolactam, structural materials and other highly processed chemicals, such as OXO, plasticizers and titanium white, Fars said. Endit