The signing ceremony of the Memorandum of Understanding
between SPEC and PIDMCO was held on Tuesday between Masoud Esmkhani and Safar
Ali Bababi, CEOs of the two companies, respectively.
Safar Ali Babaei, the CEO of PIDMCO, said at the ceremony:
"Synergy and future cooperation will accelerate the development of the
country's petrochemical industry, and in this direction, the Petrochemical
Industry Development Company, due to having the desired infrastructure, seeks to
benefit from the capabilities of SPEC.”
He added: "Various engineering and manufacturing
activities cause the existing capacities in the country to be used in the best
way and the signing of today's memorandum will be effective in the direction of
future cooperation."
Babaei continued: "Synergy leads to more value added
and PIDMCO, considering its experience in various projects, seeks to use the local
potentialities of the petrochemical industry more than ever."