Baku, Azerbaijan, Aug. 29
By Elnur Baghishov – Trend:
The construction of a petrochemical plant in Industrial Park No. 2 in Khorramabad County of Iran’s Lorestan Province has begun, said Managing Director of the Industrial Parks Company of Lorestan Province Bakhtiar Razani, Trend reports referring to IRNA.
According to him, the Kharvaneh Oil Refinery acts as the investor of this project.
Razani said that the plant will produce urea-formaldehyde rubber from methanol. "This plant will produce 120,000 tons of products annually and will employ 70 people," he added.
Razani also said that during the first phase, the plant will cover an area of 110 square meters, and in total, 24 million euros of investments have been made in the construction of the plant.
The company official added that until last Iranian year (March 21, 2017 - March 2018), the province’s industrial parks covered an area of 1,300 hectares, and now they occupy a territory of 1,500 hectares.
There are 23 industrial parks and stations in Lorestan Province, and 7,000 people are employed in these parks, he said.