0227 GMT May 25, 2018
According to Trend News Agency, Siavoush Shojaei further said, "We are planning to take steps in the long run to bring technology forward through formation of a joint venture with Iranian companies."
Talking about the company's activities, he said Control Seal is involved in the production of special valves, such as high temperature valves for downstream and petrochemical industries.
"Jam Co., Arak, Kermanshah and some other Iranian petrochemical companies are among consumers of our products. Our valves are also used in phases 1-24 of South Pars," he said.
Shojaei noted that Control Seal's office in Iran is currently fully operating.
"Our continuing cooperation with Iranian customers, even during the sanctions period is an honor. Despite the reluctance of many European companies to participate in the Iranian market because of the sanctions, our approach and policy is based on maintaining the presence in the market," Shojaee said.
He concluded saying that the European Union as well as the Netherlands have announced their willingness to remain committed to Iran nuclear deal, therefore Control Seal will try to do the best to maintain the relations with Iranian businesses.