Tuesday, June 15, 2004

The Hindu Business Line : Iran eyes Indian market for methanol sale

The Hindu Business Line : Iran eyes Indian market for methanol sale: "Iran eyes Indian market for methanol sale
DUBAI: India is targeted as one of the major customers of Iran's $128 million methanol project that is expected to come on stream later this year.
With one million tonnes of production capacity, the project in the Mahshahr Port southwest of Iran is the third in the string of processing plant set up by the Fanavaran Petrochemical Company.
Its Managing Director Mr Jalil Ebrahimpur said the project would use 610 cubic meters of natural gas and 331,000 tons of carbon dioxide as feedstock a year.
He added that methanol would be the main upstream product of the facility.
Tehran Times quoted him as saying that the methanol facility includes a $78 million acetic acid project and a $37 million carbon monoxide making plant. "

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