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Iran starts construction of $1bn petrochem plant Iran has started construction of a $1bn petrochemical plant in Gachsaran.

Iran starts construction of $1bn petrochem plant

The Gachsaran plant will have a capacity of of 5,000 tons of formic acid and 500 tons of vinyl acetate and generate over 400 jobs

 •   Indonesia signs new deal with Iran
 •   Iran hopes to sign $25bn oil deals within 2 years
 •   Iran probing if oil accidents were cyberattack


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