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Axens

Subsidiary of IFP

France

Date: March 2007 - Unclear

Deal: Deal: An industry publication reported in March 2007 that a series of international companies won a contract to upgrade Iran's Esfahan refinery. Axens, Denmark's Haldor Topsoe, the United Kingdom's UOP and Italy's Technip were tasked to "carry out basic engineering for the licensed units" (Chemical News & Intelligence, March 19, 2007).

The current status of the project is not clear. However, it is worth noting that according to Trend News Agency, Iran’s oil minister, Rostam Qasemi, banned Iranian purchases of oil-processing technologies from Axens and other European firms in February 2012 (Trend News Agency (Azerbaijan), February 7, 2012).

U.S. Business Ties: Axens has a wholly-owned subsidiary in the United States, Axens North America, with offices in Texas and New Jersey, according to the company's website (Axens Website, accessed June 17, 2010). According to USASpending.gov, Axens has not received any money from the federal government (USASpending.gov, accessed June 17, 2010).

Last Updated: July 7, 2014