11 May 2016 - 12:29
  • News ID: 260525
Iran Potential Partner for Giant Bitumen Firm Technix

TEHRAN, May 11 (Shana) –- Technix, a bitumen heavyweight based in New Zealand, says it is looking to form partnerships with Iranian companies now that it has found working with Venezuelan companies impossible due to "graft and corruption" in the Latin American country.

Speaking with Shana on the sidelines of the inaugural conference of Argus Iran Commodity Week here in Tehran, Managing Director of Technix John B Matthews said Technix used to buy tanker loads of bitumen from Venezuela, but since the Venezuelan economy became infested with graft and corruption, "we've found it impossible to buy bitumen from Venezuela."

"We haven't had any indication of those sort of circumstances in Iran. Just the opposite is in Iran, we have found very good people to deal with Iran, and we are looking forward to opening transactions with Iranians, said Matthews.

He hailed Argus for holding the conference in Tehran and said the event allows international companies to hear what others have to say and tell people things they have never heard before. 

Regarding banking restrictions for working with Iranian partners, the CEO said: "Banking system is not a problem for us; we don't use much bank accommodation but we also have bitumen reactors that are high technology piece of equipment."

He said Technix can offer bitumen that has longer life and of high quality. "We can make special types of bitumen that don't get so soft at high temperatures and don't get hurt."

The Technix official said the company has no partners in the Middle East and Iran is going to be its first partner in the region.

"We have have very good discussions on buying bitumen from Iran," he added. 

Technix is one of the world's oldest companies involved in bitumen. In New Zealand, it has a large contracting company, number two in New Zealand, and number one in technology. It is a technology oriented company. It also has terminals in New Zealand and the pacific islands and buys from the international market. 

Technix supplies better bitumen products for roads worldwide. With over 100 years of experience, Technix continues to build on this reputation and is developing and supplying exciting new bitumen based products that will deliver quality, environmental and cost advantages to our customers.  Make our experience your advantage. 
News ID 260525

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