Air Liquide resumed talks on MTP licensing after the lifting of sanctions in January 2016. Petrochemical Research and Technology company, the research and development arm of NPC, signed a memorandum of understanding with Air Liquide last week on the transfer of state of the art methanol to propylene technology. The agreement is aimed at building an MTP unit in Iran with an annual production capacity of 500,000 tons under the license of Air Liquide.
"A new round of talks between Iran and UOP LLC Petroleum industry company of America has kicked off over investment and supply of new technologies. Association of Petrochemical Industry Corporations (APIC) announced that a fresh round of negotiations has begun between Iran’s petrochemical officials and three major American and European petrochemical companies with the main axes of talks being construction of new polymer units, knowledge and technology transfer as well as issuance of license for new petchem plans. On the sidelines of K Trade Fair 2016, the world's premier fair for the plastics and rubber industry in Germany, high ranking officials of Iran’s petrochemical industry held meetings with authorities of France’s Total and Air Liquide as well as America’s UOP, formerly known as Universal Oil Products." (Mehr News, "US petchem giant ready to return to Iran," 10/24/2016).
"The six companies that were divested, in accordance with a new state law are: L'Air Liquide, Daelim Industrial Co., Gazprom Hyundai Heavy Industries Ltd, Sasol and Siemens Ltd.." (Reuters, "Massachusetts pension fund divests of companies with Iran ties," 1/4/2012)