to NIPNA, Hassan Beigi said construction of the project is nearly complete and
it will be ready for official inauguration soon.
is now in its pre-startup phase and its flare stacks were lit this month, he
the equipment and items required for launching the plant are installed and are
ready for startup," he said.
first methanol output will be ready within the next three months, adding an
investment of nearly 465 million euros and IRR 5,500b has been made for
construction of the project.
all the finances for completing the plant were supplied by private investors.
operational, the facility will supply 1.65 million tons of methanol annually.
Plant is one of the three major petrochemical projects expected to come
on-stream this calendar year (which began on March 21) along with Bushehr and
Kaveh petrochemical projects.
Plant is the largest methanol unit in Iran and the Middle East.
projects will more than double Iran's methanol output and bring it to over 10
million tons annually.