Germany to help Iran to renovate oil distillation towers

Business Materials 20 November 2017 17:56 (UTC +04:00)

Baku, Azerbaijan, Nov. 20

By Fatih Karimov – Trend:

Iran's Research Institute of Petroleum Industry (RIPI) has signed a memorandum of understanding (MoU) with German Raschig company for mutual cooperation.

The deal was signed in Tehran Nov. 20, by Mansour Bazmi, the institute’s deputy head for technology and international affairs, and Michael Schultes, the German company’s representative, the Iranian institute said.

Under the deal, the two sides will cooperate in technology transfer and training in particular in the field of designing distillation towers.

Bazmi said that the RIPI has carried out a wide range of works in designing distillation towers, and now, in collaboration with Raschig, it can use the new methods in the designs.

Cooperation in the field of technology transfer for domestic equipment of distillation towers in refineries and petrochemicals, the design of distillation towers based on the German company's products, and training of Iranian experts and researchers as well as training Winsorp software are among the provisions of this memorandum, the Iranian official explained.

Schultes, for his turn, expressed hope that the exchange of information and experience between the two countries will take place at a widespread level.

The Research Institute of Petroleum Industry is a governmental research institute founded in 1959 in Tehran, Iran and is affiliated with National Iranian Oil Company. The institute is a major research institute in Iran and is the largest of its kind in the Middle East. RIPI has become a major technology provider for Iran’s petroleum industry.