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Sulzer

Sulzer

Industry: 
Engineering
Value of USG Contracts: 
52
Symbol: 
SUN:SW
States: 
AL
CA
CO
CT
FL
IL
LA
NJ
NY
OK
OR
SC
TN
TX
UT
WV
Country: 
Switzerland
Contact Information: 
Sources: 

 

"Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei said foreign firms are required to transfer modern technology when embarking on joint ventures with Iran as a Swiss firm expressed readiness to cooperate with Iran. 'NPC supports investment in the petrochemical industry’s upstream and downstream sectors and Swiss companies can participate in its projects in line with this policy,' she told a delegation from Sulzer company. Thorsen Winter Greze, a Sulzer senior officer, said that the firm is interested in returning to Iran’s petrochemical projects. 'We are ready to cooperate in transfer of technology to Iran’s petrochemical complexes as well as in licensing of Iranian companies,' he added. The Sulzer Executive Committee member also said the firm has established ties with two Iranian petrochemical companies following removal of sanctions." (Shana, “Sulzer Ready for Petchem Tech Transfer to Iran,” 2/17/2016) 

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"The Swiss newspaper Sonntag reported that engineering group Sulzer (SUN.S) had since 2009 conducted much less business there than in previous years, citing a company spokeswoman. Sulzer was not immediately available for comment." (Reuters, "ABB, other Swiss firms halting Iran business," 1/31/10)