Zagros Petrochemical Company and China's Dalian Petrochemical Company have signed a contract on Sunday, based on which the latter will transfer knowhow to build a plant for the conversion of methanol to synthetic ethanol to the Iranian company, the managing director of Zagros Petrochemical Company said.
“The first methanol-to-synthetic ethanol plant in Iran with a production capacity of 300,000 tons will be constructed within 36 months,” Matin Didari was also quoted as saying by the Oil Ministry’s news service.
With this initiative, Zagros Petrochemical Company is taking a major step to complete the value chain of methanol to help reduce the sale of raw materials and increase its revenues, he added.
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