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Lurgi

Germany

 

 

Date: April 2005

Deal: In an April 2005 announcement, the Iranian press reported that in cooperation with the Iranian company Fanavaran Petrochemical Complex, the German firm Lurgi would build a unit to convert methanol to propylene. The construction costs of the unit were €115 million. According to the terms of the deal, Fanavaran and Lurgi would each hold 50 percent shares in the project (PIN, April 10, 2005). The status of the unit is unknown.

Date: 2007 - 2011

Deal: The National Iranian Oil Refining & Distribution Company (NIORDC) announced in 2007 that a series of international companies, including Lurgi, had won contracts to upgrade Iran's Esfahan oil refinery (Chemical News & Intelligence, March 19, 2007). The work is expected to be completed by December 2011 (NIORDC Website, 2009).

U.S. Business Ties: Lurgi does not appear to have any business interests in the United States. Additionally, according to USASpending.gov, the company has not received any U.S. government contracts (USASpending.gov, accessed July 9, 2014).

Last Updated: July 9, 2014