Future of Iran Methanol Export hinged on Export Integration: Official

Future of Iran Methanol Export hinged on Export Integration: Official
(Friday, October 20, 2017) 10:12

TEHRAN (NIPNA) -- Head of Iran's Association of Petrochemical Industry Corporation (APIC) Ahmad Mahdavi Abhari said unity and integration of petrochemical exporters, especially methanol suppliers, can save business in the sector.

Speaking to NIPNA, Abhari said the APIC has planned several seminars and events with the aim of bringing together and integrating producers and exporters of petrochemicals including methanol, urea and ammonia.

Iran currently accounts for 14% of the world’s methanol production which will cross 20% once the country implements the methanol projects it has at hand.

“Iran is one of the world’s biggest producers of urea and ammonia and will join the club of major methanol producers soon,” he said, adding, “therefore, there is an urgent need for integration of methanol exporters in order to be able to complete with other producers of the world.”

Integration of exports will instill Iran’s image in the world as a major supplier of petrochemicals and bring the country international credit, the APIC chief added. 
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