Iran's Kaveh Methanol, Marjan Petrochemical to start up new plants
by ChemOrbis Editorial Team - content@chemorbis.com
According to local media sources in Iran, the country’s two petrochemical producers are readying to start up new units.
Accordingly, Kaveh Methanol Company is planning to start up its new 2.3 million tons/year methanol unit by December. The new unit is expected to become the world’s biggest methanol plant upon completion.
Marjan Petrochemical Company, meanwhile, has completed its two new units by more than 90%. The company’s new 1.7 million tons/year unit in Asaluyeh as well as its Bushehr Petrochemical Complex will reportedly come online as of March 2018.
The company’s Bushehr Petrochemical Complex is expected to have a total production capacity of 3 million tons/year, including 1.65 million tons/year methanol, 1 million tons/year of olefins, 550,000 tons/year of MEG, 300,000 tons/year of light and heavy polymers and 300,000 tons/year of acetic acid.
Accordingly, Kaveh Methanol Company is planning to start up its new 2.3 million tons/year methanol unit by December. The new unit is expected to become the world’s biggest methanol plant upon completion.
Marjan Petrochemical Company, meanwhile, has completed its two new units by more than 90%. The company’s new 1.7 million tons/year unit in Asaluyeh as well as its Bushehr Petrochemical Complex will reportedly come online as of March 2018.
The company’s Bushehr Petrochemical Complex is expected to have a total production capacity of 3 million tons/year, including 1.65 million tons/year methanol, 1 million tons/year of olefins, 550,000 tons/year of MEG, 300,000 tons/year of light and heavy polymers and 300,000 tons/year of acetic acid.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- China, SE Asia PP outlook for 2025: Capacity boom meets demand gloom
- Türkiye PVC outlook for 2025: Will poor margins and unstable demand break the cycle?
- Europe PP, PE outlook for 2025: Battle of margins amid supply surpluses and trade flow shifts
- Middle East PP, PE outlook for 2025: A double whammy of low demand and new capacity additions
- China, SE Asia PE outlook for 2025: Oversupply dilemma deepens with new capacity surge
- Freight rates outlook for 2025: Another rocky year ahead after 2024 turmoil
- Türkiye PP, PE outlook for 2025: Q1 set for a firm footing, eyes on derivatives for a whole year
- Europe PVC outlook for 2025: Supply imbalance threatens price recovery targets
- India PP, PE outlook for 2025: Players eye brighter Q1 despite current bearishness
- Different pricing policies emerge in Europe’s PS, ABS markets in Dec