71649
Germany Places Order for Iranian Methanol
Germany Places Order for Iranian Methanol

Germany Places Order for Iranian Methanol

Germany Places Order for Iranian Methanol

An unnamed German company has preordered a batch of methanol to be produced in Marjan Petrochemical Complex in Pars Special Economic Energy Zone near Asalouyeh, managing director of the zone said.

“Marjan Petrochemical Company has received an order for selling methanol to a German firm,” Hassan Beigi was quoted as saying by NIPNA, the NPC’s official news agency, on Saturday.

He did not refer to the volume of order or its delivery date, but the order comes as Marjan complex is still under development.

"The construction of Marjan complex has made over 96% physical progress," Beigi said, adding that the complex is planned to start production in the current Iranian year that ends in March 2018.

Marjan Petrochemical Complex is designed to produce 1.65 million tons of methanol once it becomes fully operational. It will receive feedstock from South Pars refineries.

In addition to Marjan, the first phase of Bushehr Petrochemical Complex and Kaveh Methanol Company, set to become the world's biggest methanol plant, is expected to go on stream in the current Iranian year.

Officials say Iran’s total methanol production capacity will double following the launch of the three methanol plans, exceeding 10 million tons per year.

Marjan and Kaveh plants were initially slated for launch in 2016.

The Petrochemical Research and Technology Company of Iran signed a memorandum of understanding last month with France's Air Liquide Engineering and Construction Company on transferring state-of-the-art technology to convert methanol to propylene. Plans call for increasing total production of propylene to 4 million tons per annum in 2021 and 8 million tons within the next decade.

Iran is forecast to produce 56 million tons of petrochemicals by March 2018, almost 10% higher than last year's level that exceeded the 50-million-ton mark. Nominal production capacity is set to reach 72 million tons.

 

Short URL : https://goo.gl/Vi1FZn
  1. https://goo.gl/T9Hw6y
  • https://goo.gl/mPvPyh
  • https://goo.gl/hzUewm
  • https://goo.gl/LwRpZZ
  • https://goo.gl/gEf2SB

You can also read ...

More Iranian Oil Tankers Head to China
An unprecedented volume of Iranian crude oil is set to arrive...
US Intimidates Iraq to Kill Siemens Deal in Favor of GE
The Trump administration intervened to quash a $15 billion...
Asia Natural Gas Prices Rising
Asia's liquefied natural gas prices are set to go up on the...
Turkey Refiner Seeking Waiver for Iran Sanctions
Turkey’s top refiner, Tupras, is in talks with US officials to...
Iran Awaits CNPC Decision on South Pars
Terminating its contract to develop Iran's giant South Pars...
Iran: Contract Signed to Boost Oil Output in Sirri Region
Crude oil production in Sivand, Esfand and Dena offshore...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus