Date: 2000/2001 - 2008
Deal: In its 2000-2001 annual report, Krupp Uhde announced that it had negotiated two contracts with Iran's National Petrochemical Company (NPC) to construct polyethylene (olefin) plants in Bandar Imam and Bandar Assaluyeh. Marun Petrochemical Company will operate the first plant and the Jam Petrochemical Company will operate the second. Both plants will have an annual capacity of 300,000 tons of polyethylene. According to the annual report, "The two contracts together are worth more than DM 430 million [approximately $277 million, as of July 7, 2010] and include the basic engineering, the supply of all imported equipment and the provision of technical assistance for the project."
Under Krupp Uhde's leadership, Iranian partner Sazeh Consultants will carry out the detail engineering and procure local equipment for the plants (Krupp Uhde Annual Report 2000/2001).
Mehr News Agency announced in June 2008 that Jam Petrochemical had officially inaugurated its tenth olefin project. It lists Krupp Uhde as one of the contractors (Steel Guru, June 22, 2008). The plant at Bandar Imam came online in May 2008 and began exporting polypropylene the following month, according to an industry publication (ICIS, June 12, 2008).
U.S. Business Ties: According to the company's website, Krupp Uhde's parent company, Uhde, has a wholly-owned subsidiary in the United States, Uhde Corporation of America, in Pennsylvania (Uhde Website, accessed June 25, 2010).
According to the U.S. Federal Procurement Database, the company has not received any contracts from the U.S. government (FDPS.gov, accessed July 9, 2014).
Last Updated: July 9, 2014