Date: 24 April 2017 , 13:50
News ID: 1132

R&D Agreement With Norway Co.

The Petrochemical Research and Technology Company signed a memorandum of understanding with Norway's Norner institute on transferring modern technology to produce higher grades of polypropylene.
R&D Agreement With Norway Co.

According to the company's news portal, the MoU calls for providing Iranian petrochem industry with expertise to develop polypropylene production that is reportedly the world's second-most widely produced synthetic plastic after polyethylene.

"The MoU was concluded with the aim of improving domestic know-how to manufacture higher grades of polypropylene," Esmail Qanbari, the head of PRTC noted, adding that as petrochemical companies move to manufacture goods with higher value-added, indigenizing the production of polypropylene catalysts will help them thrive and increase their share in global markets.

Polypropylene, aka polypropene, is a thermoplastic polymer used in a wide variety of applications. The global market for polypropylene was about 55 million tons in 2013. Norner, a global market leader of industrial R&D services in polymers, is an independent innovation and technology institute. It has leading expertise in handling of materials and polymers for the whole plastics and packaging value chains.