MNA A new petrochemical plant with the production capacity of 48,000 tons per year will be established in Sonqor County, western Iranian province of Kermanshah, a lawmaker said Monday. Sonqor and Kolyaei MP Javad Hosseini-Kia added that the construction operation of the plant will commence on Thursday in a ceremony to be attended by Oil Minister ...

SHANA - A member of the Iranian parliament said there are no legal barriers for foreign investors in Iran, adding the country enjoys favorable conditions for foreign financiers. Speaking on the sidelines of IranPlast international exhibition in Tehran on Wednesday, Javad Hosseinikia said, "Iran is a paradise for foreign investors." He said the ...