Petrofarhang purposeful move to complete the value chain
The v.p. of planning and economic development of Petrofarhang Holding says: This holding explained several plans based on natural gas resources, which is the advantage of the country.
Ali Moazadi expressed: Middle East Kimia pars petrochemical company and Sablan Petrochemical Company are designed to convert 1.650 thousand tons per year methanol, and the two companies of Siraf and Dana Petrochemical Company will have operated by two years and Eventually petrofarhang will be one of the largest methanol producer in the middle East.
He also emphasized that the next step in the development of petrofarhang is focus on the complementary chain of methanol, which will turn methanol into products with higher added value, he added: a series of products are produced especially by methanol and have a longer chain.
Moazedi added: We are going to have a plan to develop the methanol chain in Lavan Chemical Company, which in the first phase includes the production of acetic acid product and in the second phase completing the acetic acid chain including synthetic ethanol and vinyl acetate monomer.
He pointed out: We will also develop two larger methanol chains in Mehtab Parsian company, in the first chain, methanol is converted to propylene, and then the propylene is converted to polypropylene and super absorbents, and in the second chain, methanol is converted to valuable polymers, polyethylene and Polypropylene will be producted.
Eventually Moazedi: The next investment destination of Petrofarhang Hub Makran is in Chabahar region, in the first phase of methanol is converted to polyester, and in the second phase, in another independent chain, methanol is converted to light olefins downstream.