We study the phase diagram of an extended parafermion chain, which,
in addition to terms coupling parafermions on neighbouring sites, also
possesses terms involving four sites. Via a Fradkin–Kadanoff
transformation the parafermion chain is shown to be equivalent to the
non-chiral \mathbf{\mathbb{Z}_3}ℤ3
axial next-nearest neighbour Potts model. We discuss a possible
experimental realisation using hetero-nanostructures. The phase diagram
contains several gapped phases, including a topological phase where the
system possesses three (nearly) degenerate ground states, and a gapless
Luttinger-liquid phase.