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(Iraq-BusinessNews) -- The
American petrochemical producer Chevron Phillips Chemical is to invest $6
billion (7.2 trillion Iraqi dinars) to create a new facility in Basra. The
Company has obtained a licence to operate in the city, and that Basra Investment
Commission has also voiced its support for the project and is now seeking to
allocate a plot of land. Once launched, the project is expected to provide up to
one thousand jobs for local people.
mrcplast.com
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