Iran’s Fanavaran to shut Bandar Imam methanol unit for maintenance

03 April 2013 10:30  [Source: ICIS news]

SINGAPORE (ICIS)--Iran’s Fanavaran Petrochemical plans to shut its 1m tonne/year methanol plant in Bandar Imam for maintenance in the week of 8 April, a company source said on Wednesday.

The turnaround is expected to last around 20 days, according to the source.

Market participants said the shutdown might tighten supply as Fanavaran is a major spot market supplier.

Methanol is used in the production of formaldehyde, methyl tertiary butyl ether (MTBE), methyl chloride, methyl methacrylate (MMA) and acetic acid.

By: Heng Hui
+65 6780 4359

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