# PGPIC signs polyethylene supply deal with ITOCHU

Iran's Persian Gulf Petrochemical Industries Company signed an agreement with Japan's ITOCHU to supply 11,000 tons of polyethylene per month, with a total value of $150 million.

- Type: Contract
- Announced: 2017-05-08
- Where: Iran
- Value: $150.0M
- Status: announced
- Capacity: 11,000 tons per month
- Products: polyethylene
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [ITOCHU](https://endata.com/companies/1234.md) (customer)
- [Persian Gulf Petrochemical Industries Company](https://endata.com/companies/24105.md) (supplier)

## Sources

- [tinn.ir](https://www.tinn.ir/Section-economy-4/129882-iranian-japanese-firms-sign-polyethylene-deal), 2017-05-08: "Iran's Persian Gulf Petrochemical Industries Company (PGPIC) signed an agreement with Japan’s ITOCHU whereby it would sell the East Asian firm polyethylene."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.