Speaking to
NIPNA, Rahim Sharif Mousavi outlined the latest developments in his company’s
subsidiaries, saying Sabalan Methanol Project has gained 80 percent progress
and Dena Methanol Project was 60% complete while Siraf Methanol Project was 40
percent complete.
He said the
holding company had stepped in the petrochemical sector in order to develop the
industry.
The official
further said that the produced methanol would be exported and its production value-chain
would be complete afterwards inside the country.
Sabalan project
is being developed for 1,650 million ton per year of production capacity in
Phase II of Assaluyeh, southern Iran.
Siraf methanol
project will supply the same amount in Dayyer County, southern Iran.
Furthermore,
Dena project, operating with the same production capacity, is being launched in
Phase II of Assaluyeh.