PIDECPetrochemical Industries Design and Engineering Company (est. 1985; Iran)
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The system will be delivered in the fourth quarter and will be installed as part of the third phase of PIDEC's ABADAN Refinery Renovation Project.
PIDEC covers detailed design and local procurement for both plants.
PIDEC, joined by the private Exir Novin Farayand Asia Co., has produced the catalysts which were formerly only produced by the US.
According to PIDEC's managing-director Jalil Sobhani, the catalysts contain valuable metals used in petrochemical industries and refineries and can be used for a series of operations including processing euro-4 to 6 gasoline.
But PIDEC and Namvaran could not raise their partners' share of the EPC job and compete with the other two bidders at the same time.
Its bid and the one submitted by PIDEC - the latter with technology from Methanol Casale of Switzerland - were in the same range.
has a 1.65m t/y plant being built by Lurgi and PIDEC under a $145m BBC signed in late Dec.
The plant, being built by a partnership of the German company Ferrostaal and the local private group Petrochemical Industries Design & Engineering Company (PIDEC) under a $240m BBC awarded in March 2000, is to be completed before end-2002.
* Petrochemical Industries Design and Engineering Company (PIDEC), which together with its mother firm Erection and Construction Company is the largest design engineering and construction group in Iran with over 800 engineers.
Kellogg and the local Petrochemical Industries Design and Engineering Company (PIDEC) were the design and engineering contractors.