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Petchem Operations Surge: 65% Milestone Achieved at Badr-e-Shargh Methanol Unit

Petchem Operations Surge: 65% Milestone Achieved at Badr-e-Shargh Methanol Unit
(Sunday, December 31, 2023) 14:39

TEHRAN (NIPNA) -- The Managing Director of Badr-e-Shargh Petrochemical Company has announced a significant operational surge, marking a 65% progress in the Methanol Unit of this complex until the end of last month.

According to Badr-e-Shargh Petrochemical Company, Behzad Ansari, during the visit of the Deputy Minister of Petroleum and the CEO of the National Petrochemical Company (NPC) to projects located in the Makran Petrochemical Complex, revealed that the initial phase of the Methanol production project from natural gas, with an annual capacity of one million and 650,000 tons, has reached a 65% operational advancement status.

Highlighting the ongoing execution of the Methanol Unit at Badr-e-Shargh Petrochemical, situated in the Chabahar region since 2015, Ansari anticipated the unit's completion with an investment of €480 million by late 2025 or early 2026.

The Managing Director specified that the project's investor and stakeholder is the Commercial Investment Company of Shastaan.

The remarkable progress in the Methanol Unit at Badr-e-Shargh Petrochemical stands as a testament to Iran's petrochemical industry's continual growth and advancement, contributing significantly to the nation's industrial landscape.

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