TEHRAN (NIPNA)--Phase 2 development of the methanol production unit of Kharg Petrochemical Plant has started and once completed will add 4500 tons a day of methanol to the plant's production capacity.

TEHRAN (NIPNA)--Major European companies are prepared to invest in Iran's petrochemical industry and capital market in the post-sanctions era, said a member of Foreign Investment Committee of Securities and Exchange Corporation.