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Siemens: fruitful petchem talks underway with Iran

Business Materials 30 August 2016 14:12 (UTC +04:00)

By Umid Niayesh – Trend:

Baku, Azerbaijan, Aug. 30

Siemens has confirmed that is negotiating with Iran for cooperation in petrochemical projects.

“We are in fruitful discussions with our Iranian partners in the field of petrochemical projects,” Yashar Nasrollahi-Azad, a spokesman with the German company told Trend.

He made the remarks while commenting on Iranian media reports about a fresh round of talks with Siemens to invest in the Iran’s petrochemical industry.

He didn't reveal any details of the talks.

Iranian media reported that Siemens is already engaged in serious negotiations with Iran’s Oil Ministry over investing in the country’s petrochemical projects.

Reportedly a Siemens delegation visited Tehran over the past few days to meet the related Iranian officials for investment talks.

Providing advanced technology as well as the related technical and management solutions for Iran’s petrochemical projects was also among the issues discussed in the meetings, according to the Iranian media.

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