The cornerstone for a nearly $1 billion petrochemical project was laid in Kohgilouyeh-Boyer-Ahmad Province, south-west of Iran, IRNA reported on Monday.
The Gachsaran petrochemical 2 project was launched on the sidelines of president Rouhani’s visit to the southwestern province.
According to an official, the project will create 432 job opportunities and the production capacity of the complex for the first phase will be 5000 tons of formic acid and 4500 tons of methyl acetate.