Iran's NPC might restart Zagros II methanol plant in November

02 November 2009 10:45  [Source: ICIS news]

SINGAPORE (ICIS news)--Iran’s National Petrochemical Co (NPC) might restart its 1.65m tonne/year Zagros II methanol plant at Assaluyeh in early November, a company source said on Monday.

The plant was shut on 23 October due to a utility shortage, the source said. Zagros II faced a similar problem in October.

However, the Zagros I plant, which has a similar capacity and is located at the same site, was operating intermittently at around 70% of capacity, the source added.

It was not possible to run both the Zagros plants simultaneously at full rates due to a shortage of utilities such as water, electricity and steam, the source said.

"If we run the two together, we could probably achieve rates of around 50-70%, but not full," the source added.

NPC has contractual supply positions in Europe and Asia through its trading arm Iran Petrochemical Commercial Co (IPCC), which is the sole marketing company in Iran for methanol.

Other major methanol producers in the region include SABIC and Oman Methanol Co.

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By: Heng Hui
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