IRAN PUSHING PETROCHEMICAL INDUSTRY GROWTH

Iran continues to press expansion of its petrochemical industry. Latest action involves big contracts by state owned Tabriz Petrochemical Co. (TPC) and Arak Petrochemical Co. (APC). TPC let contract to France's Technip and its Italian affiliate TPL for design, equipment and material supply, construction, and start-up services for three plants at a planned petrochemical complex at Tabriz in Northwest Iran.

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