Iran to Launch Largest Methanol Plant Soon

(Thursday, July 4, 2019) 19:08

TEHRAN (NIPNA) – Kaveh Petrochemical Plant, the world’s largest methanol production facility, is about to come online in the near future.

Behzad Mohammadi, the CEO of the National Petrochemical Company (NPC) paid a visit to the plant on Wednesday, saying that launching the facility was one of NPC’s top priorities.

Mohammadi, who is also the deputy petroleum minister for petrochemical affairs, described the facility as a national honor for the country, saying the plant is built by private investment and would operate with 7,000 tons/day of methanol production capacity.

He said Kaveh Methanol was considered as a national brand and the project would become even more profitable for the country provided that the value chain of the item be completed the region.

The official further voiced NPC’s full support for investors in the petrochemical sector, expressing optimism that private investors would transform the sector rapidly.

Mohammadi further called for tapping domestic capabilities for developing value-added projects what would benefit the country and industry.

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National Petrochemical Company