Hossein Alimorad

EghtesadOnline: Director of the Investment Department at National Iranian Petrochemical Company (NPC) Hossein Alimorad says his company is busy in talks with two German companies to open credit lines of 12 billion euros.

EghtesadOnline: It will take a minimum of two years for petrochemical investments to pay off, said an official at the state-run National Petrochemical Company, urging a mid- and long-term vision to develop the key industry.

EghtesadOnline: Talks are underway between the National Petrochemical Company and Japan’s Sojitz Corporation on building a petrochemical plant with a total investment of €1 billion ($1.06 billion), said Hossein Alimorad , a NPC deputy for investment.