EghtesadOnline: The Persian Gulf Holding Company is poised to sign an economic feasibility studies agreement with French energy major Total S.A. for a joint petrochemical venture in the next few weeks.

EghtesadOnline: In line with policies to develop petrochemical plants, talks are underway with France’s Axens to provide Nouri Petrochemical Company in southern Bushehr Province with technical expertise to build a special unit to sweeten heavy distillates, managing director of the company said.