Iran to build synthetic rubber plant near Turkish border

Tehran – Iran is planning to build a major petrochemical plant with synthetic rubber production units in its north-western city of Tabriz, near the border with Turkey, according to energy news website Shana.

The Islamic republic broke ground on an ethylene pipeline project in the city on 6 Jan, which according to oil minister Bijan Zangeneh will be a cornerstone for building a “major” petrochemical hub in the region.

The €81.7 million pipeline project has been financed by private investors and is to come on-stream by March…

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