Korean Company considers setting up Petchem Plant in Iran

By John Lee.

South Korean chemical and textile company Hyosung Corporation has reportedly signed a memorandum of understanding (MoU) with Iran’s state-run National Petrochemical Company (NPC).

According to Pulse News the company said it has been in talks with Iran with a view to setting up a polypropylene (PP) production base in the country, but has not yet made a decision.

(Source: Pulse News)

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