China National Aero-Technology Import & Export Corporation (Catic)

"China National Aero-Technology Import& Export Corporation (Catic) has agreed to invest €2 billion in building a petrochemical plant in Iran. The two countries have signed an agreement in Beijing, based on which the Chinese company will invest €2 billion in building a petrochemical plant in Iran's southern province of Bushehr, Iran's Mehr news agency reported on June 10." (Trend, "China agrees to invest €2 bln in building petrochemical plant in Iran" 6/10/2014)