KISH ISLAND (NIPNA) – Major European chemical heavyweights, including BASF, have indicated their readiness to transfer technology and invest in Iran’s petrochemical sector once US-led sanctions on Tehran's nuclear program are removed, a senior Iranian petrochemical official said.

KISH ISLAND (NIPNA) – A petrochemical official said Iran shall not expect any major foreign investment in its petrochemical sector before mid-2016.

KISH ISLAND (NIPNA) – National Petrochemical Company (NPC) is seriously banking on attracting foreign finances to complete its under-construction petrochemical projects, a senior official with the company said.

TEHRAN (NIPNA) – Iran has defined dozens of major projects in a push to double its petrochemical output by the end of the 6th five-year development plan (2016-2021), deputy head of National Petrochemical Company (NPC) said.