Iranian Firms Ink Deal for Indigenizing Polymer Production Technology
The agreement was inked by Ali Pajouhan, the managing director of PRTC, and Siavash Darafshi, the CEO of TPC.
Speaking in the event, Pajouhan noted that PRTC has been working on the production of high-density polyethylene for over 15 years, adding that "The Company is now capable of delivering technical knowledge of this technology in various scales."
He further noted that all the necessary equipment in this regard is available in the Petrochemical Research and Technology Company, adding that the agreement includes the license for production of 310,000 tons of high density polyethylene on an annual basis.
High-density polyethylene (HDPE) or polyethylene high-density (PEHD) is a thermoplastic polymer produced from the monomer ethylene.