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Bids out for coastal and marine structures at Bandar Abbas.
2003 May 22

  The Iranian Ports & Shipping Organisation has issued a tender for an estimated US$ 500 million contract to develop coastal and marine structures at Shahid Rajee Port in Bandar Abbas.

Tender documents are available to local and international contractors until 18-6-2003.

The contract will involve a.o. construction of two 4,380-metre-long berths, dredging, supply of gantry cranes, site preparation of more than 1 million m2 and construction of related buildings

Khouzestan Steel postpones bid for billet transfer line by 4 weeks
2003 May 22

  Khuzestan Steel extended the bid deadline to 21-6-2003, for the turnkey installation of a billet transfer line at its iron and steel factory in Ahwaz.
Bids are open to local and local/foreign ventures.


IFIC Iran sells 3.3% of KruppThyssen shares
2003 May 20

  ThyssenKrupp, has bought back 3.3% of itís shares from Iran Foreign Investment Company (IFIC). It paid nearly 3 times today's stock value in this deal, leaving IFIC with 4.5% of Thyssen krupp shares only.
TK was informed by the USA Department of Defense that certain states should not hold a stake higher than 5 %, to avoid that it would be added to the American blacklist and endanger its US business.
ThyssenKrupp sells for more than US$ 9300 million to the USA, and employs close to 27.000 people in the USA.

NISCO awards pelletising plant at Sirjan.
2003 April 29

  National Iranian Steel Company (Nisco) awarded a US$153 million contract to build a 4 million-tonne-a-year pelletising plant at Sirjan, to a local/European consortium.

Iranian Concrete Industries & Copper Investment Consortium (CIC)will carry out the local detailed engineering portion, local procurement and construction,
the European part of the consortium, consisting of Germanyís Lurgi (Nisco's preferred technology for this project), Europeís ABB and Spainís Taim, will be in charge of basic engineering and parts of the detailed engineering.
Completion is expected early 2006 and Gol-e Gohar Iron Ore Company, the operator of Irans biggest iron ore mine, will operate the plant.

Iran Shipbuilding & Offshore Industries Complex Company expanding
2003 April 26

  A new dry dock of 470 meter, is being built at ISOICO, the Iran Shipbuilding & Offshore Industries Complex Company.
It will have capacity for vessels of 300,000 dwt, with annual production of around 120,000 tonnes of steel. The new lift will have capacity of 10,000 tonnes.
The estimated US$260 million project will allow ISOICO to work simultaneously on two LNG carriers or two VLCCs, one container vessel and one bulk carrier.
The dock will be completed early 2005, allowing the start production of the first of 5 LNG vessels ordered by the National Iranian Tanker Company.
The 4 other LNG tankers will be built at Bandar Abbas.
ISOICO ha already in it's order books two product carriers for NITC, valued at around US$50 million each, to be built in its existing Bandar Abbas shipyard.
ISOICO is also working on the first of six new container vessels for IRISL, the Islamic Republic of Iran Shipping Lines, at the dock of its German partner.
Work will start at ISOICOís existing shipyard in the third quarter on the next of these vessels.

Sadid Pipe plant to be commissioned in 3e quarter 2003
2003 April 13

  German SMS Meer prepares to supply equipment to Sadid's new wide-diameter pipe plant in Bandar Imam, for commissioning in the third quarter of 2003.
Selmers from Holland, will supply the pipe coating equipment.
The EPC contractor project is Iranian Hirbodan.
The plant will have the capacity to produce 350,000 tonnes a year of pipes in 24-56" diameters, with a wall thickness up to 1.4 ".
The pipes will mainly be used in the expansion of the national gas grid, a.o. the planned 540-kilometre 56" dia 4th Iranian gas trunkline.

Mobarakeh Steel modernizes pickling and skinpass lines
2003 April 2

  VOEST-ALPINE INDUSTRIEANLAGENBAU (VAI) was awarded a contract by Mobarakeh Steel Co., Esfahan, Iran, for the modernization of a pickling line and a skin-pass mill. The contract became effective in December 2002.

The scope of supplies and services includes the mechanical equipment, the realization of process automation solutions and the supervision of erection and startup.

With the modernized pickling line and skin-pass mill, that will be started up in the first quarter of 2004, Mobarakeh will then be in a position to meet the increasing market requirements by supplying correspondingly high-quality products.
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