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Acetic Acid plant operated at reduced rates by Fanavaran Chemical

Iranian petrochemical manufacturer Fanavaran Petrochemical is operating its Acetic Acid plant at lower capacity rate.

According to the sources, the company is currently running its plant at condensed rate, due to prevailing weak market sentiments.

The Acetic Acid plant which is located at Bandar Imam Khomeini, Iran has a production capacity of 150,000 mt/year.