Petrofarhang to Build MTP Plant

Petrofarhang to Build MTP Plant
(Saturday, January 30, 2021) 11:36

TEHRAN (NIPNA) -- The CEO of Petrofarhang Holding Company said: "We have recently received a permit from the National Petrochemical Company to build an MTP project so that part of the methanol produced can be consumed instead of exported."

Addressing a specialized meeting on "Methanol Production Surplus, Price Effects and Completing the Value Chain" on Wednesday, the second day of the 6th Iran Petroleum and Energy Congress and Exhibition, Marzieh Shahdaei underlined the increase in methanol output of the country, adding: "With the existing technologies to convert methanol to other products, this chain can be completed."

The specialized meeting was chaired by Behzad Mohammadi, Deputy Minister of Petroleum for Petrochemical Affairs and the CEO of the National Petrochemical Company (NPC).

Marzieh Shahdaei pointed out that Petrofarhang Holding intends to implement three GTPP projects through the methanol in addition to methanol projects, and continued: “This holding company has recently received the MTP license from the National Petrochemical Company to consume a portion of the methanol produced in the country instead of having it exported.”

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