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%).

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By: Heng Hui
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