Salim briefed reporters on his company’s standing now and said the company had entered finance contract with a big European company for implementing petrochemical projects in Parsian region of Hormuzgan Province.
He said a five-year strategic plan has been adopted under which production capacity will rise to 77 percent from 68 percent.
He added that $2.2 billion is now diverted from the National Development Fund for the project.
He noted that in 2015, his company’s production has reached more than 19 million tons.
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