IPS Group BV
According to its Company Website, IPS ’s Dubai-based member company IPS Trade FZE serves as a base point to “deliver materials to its neighbor countries” including Iran. (IPS BV Group Website, “IPS Group: IPS Trade FZE”)
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“At this week's annual Oil, Gas and Petrochemical Fair in Tehran, a massive event that attracted 600 foreign companies, Lee said she was here to stay…Behrooz Nateghi, of IPS Group BV, a Dutch purchasing company still operating in Iran's petrochemical, oil and gas industries, said the lifting of sanctions would change the business outlook. Attracting ‘the clients we lost in the past few years’ will be the priority, he said.” (AFP, “China may lose out if Iran oil sanctions lifted,” 5/9/14)
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