PRTC Inks HoA with Norner for PP Development

From PRTC Esmaeil Ghambari, the company’s managing director, and from Norner, director of its business development, Lars H. Evensen, signed the document on the sidelines of the 13 Iran Petrochemical Forum (IPF) here in Tehran on Sunday.

The document considers development and promotion of the knowhow for production of PP and the related catalysts. 

Based on the MoU, expert teams from both companies will work out a research-technology deal for signature by PRTC and Norner, said Esmaeil Ghanbari, managing director of PRTC, after signing the document.

The PRTC’s Arak offshoot successfully developed and produced PP catalysts for the first time in Iran last year, said Ghanbari. 

PRTC has built a 2,400-ton/y PP unit at its Arak offshoot and aims at developing it with the cooperation of Norner. 

Indigenization of the related technical savvy, promotion of the products, and optimization of processes are aimed at by signature of a cooperation deal with Norner.

Iran can currently produce 965,000 tons of PP annually which must reach 4 million tons under the 6th five-year development plan.