Global Business in Iran Database
In-depth metrics and analysis of Iran's international economic partnerships.
Lordegan Petrochemical Complex
description
Siemens AG and two other unnamed European firms have signed a contract with Iran's Lordegan Petrochemical Company to provide equipment for one of the company's petrochemical complexes. This report would seem to indicate a reversal of a late January decision not to invest in any more Iranian projects. The German conglomerate did say that the ban announced in January would go into effect in the middle of 2010, though no specific date has been given.
- Country: Germany
- Client: Iran Investment Company
- Contractor: Siemens AG
Status
- Current Status:
- Discussion Date: Tue, 2010-04-13
- Contract Date:
- Completion Date:
Citation
1. "Siemens signs contract with Iran's Lordegan", MenaFN, 13 April 2010, available at http://www.menafn.com/qn_news_story_s.asp?StoryId=1093321521
2. "Siemens to equip Iranian petchem complex", Tehran Times, 13 April 2010, available at http://www.tehrantimes.com/index_View.asp?code=217379
All projects by Siemens AG
Country |
Contractor | Project Name | Amount (Current Dollar Value) | Last Action | Status | ||
|---|---|---|---|---|---|---|---|
| Siemens AG | Lordegan Petrochemical Complex | $490 million |
04/13/10 |
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| Siemens AG | Siemens AG, Turbocompressors | $23 million |
01/27/10 |
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| Siemens AG | Siemens AG, Teleperm Control Systems | $23 million |
01/27/10 |
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| Siemens AG | Siemens AG to Halt Business in Iran | $703 million |
01/27/10 |
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