The non-governmental Persian Gulf Petrochemical CVC Fund entered into this strategic partnership aimed at fostering research-driven innovation in fields such as chemicals, materials science, energy, and environmental technologies. The goal is to integrate the resulting solutions and technologies into Iran’s petrochemical industry.
The agreement marks a significant step toward strengthening the innovation ecosystem in both Isfahan Province and the national petrochemical sector.
Under the terms of the agreement, the Isfahan Science and Technology Town will identify qualified companies and projects eligible for investment in areas including chemicals and chemical materials, energy, environmental sustainability, circular economy, and other related fields.
These projects will be evaluated by a joint steering committee comprising representatives from all three parties. Approved initiatives will receive the necessary financial and technical support to ensure that their outputs achieve practical implementation within Iran’s petrochemical industries.