Signing of a Cooperation Memorandum Between Sabalan Petrochemical Industries Company and Paydar Poulad Pishro to Develop CO₂ Recovery and Utilization Projects

In line with the development of specialized collaborations and the utilization of technical and engineering capabilities in the field of advanced technologies, a joint cooperation memorandum was signed between Sabalan Petrochemical Industries Company and Paydar Poulad Pishro. This memorandum aims to study, assess, and develop projects related to carbon dioxide (CO₂) recovery and utilization, reduce the environmental impacts of industrial processes, and create added value from existing resources. According to the terms of this memorandum, the two parties will collaborate by leveraging their specialized capabilities in technical and economic studies, engineering design, knowledge exchange, the sharing of specialized information, and the development of joint projects. This collaboration represents an effective step toward advancing sustainable technologies, improving efficiency, and implementing innovative solutions in the petrochemical industry.

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