VOL. XXXIX

No. 10

4-December-1995

IRAN

Phase II Of Arak Petrochemical Complex Comes On Stream

Iran announced on 28 November that Phase II of the Arak petrochemical complex had come into operation. An inauguration ceremony at the 215-hectare site in the central Markazi province was attended by Iranian Oil Minister Gholamreza Aghazadeh, who said that Iran's total petrochemical output would reach 9mn tons/year before March 1996 and that petrochemical exports would earn the country $400mn...