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Acetic Acid plant operated by Fanavaran at condensed rates

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

The company is currently running its plant at 60-70% production capacity rate, due to prevailing weak market sentiments, according to market source.

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