Iranian Methanol Companies Discuss Future Prospects

An integrated methanol consortium is of high importance in light of the looming US sanctions against Iran’s oil industry, said the National Petrochemical Company managing director, Reza Norouzzadeh.
He was speaking in Tehran last week at the second Seminar of Methanol Producers in which executives from petrochemical companies, state officials and methanol manufacturers attended to discuss cooperation, and study the supply and demand situation, factors affecting methanol prices and the impact of US sanctions on the methanol industry.