Iran’s ZPC’s 3.3m t/year methanol units run at less than 80%

14 June 2010 03:01  [Source: ICIS news]

SINGAPORE (ICIS news)--Zagros Petrochemical Co (ZPC) Zagros I and II methanol plants at Assaluyeh, Iran, are running at slightly less than 80% due to shortage of power and water, a source at the company said on Monday.

It was not possible to run both the Zagros plants - with combined 3.3m tonnes/year capacity - simultaneously at full rates due to a shortage of the utilities, as had been reported earlier.

There are also plans to shut Zagros I for a catalyst change but dates had not been firmed up yet, the source added.

ZPC is 50% owned by the state-run National Petrochemical Company (NPC) of Iran. Other shareholders are the National Iranian Oil Company (NIOC) Pension Fund (17%); Chimi Pooshineh Industrial Group (16.5%); and Alyaf Morvarid Trading Co. (16.5%).

To discuss issues facing the chemical industry go to ICIS connect

By: Heng Hui
+65 6780 4359

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly