A Bright Future for Methanol

Methanol production capacity almost doubled in the past two years to 12 million tons in 2020 following the start of new petrochemical facilities in Assaluyeh in the southern province of Bushehr, managing director of Iran’s National Petrochemical Company said.
“NPC capacity can grow more than 24 million tons by 2028 if petrochemical plants get sufficient natural gas as feedstock,” ILNA quoted Behzad Mohammadi as saying.
Of the total annual production close to 700,000 tons is sold to the domestic market and the balance is exported.
NPC data show that in 2020 Iran accounted for 13% of the world's total methanol trade (85 million tons) and its exports were seen in international markets mainly in Iraq, China, the UAE, India and South Korea.