Iran aims to increase methanol output

June 9, 2014 12:44 pm

Iran’s National Petrochemical Co (NPC) has said it aims to produce around 10 million tonnes of methanol in the next five years, Fars news has reported. “We plan to speed up the development of petrochemical industry with a new approach,” said NPC’s deputy managing director, Mohammad Hassan Peyvandi, on the sidelines of the 11th International Petrochemical Industry Conference. “Seven methanol projects are under way in South Pars with Chinese financing,” he said. “Almost every six months, a project starts production,” Peyvandi added.