Our first strategic approach is to start downstream activities in the methanol chain. Therefore, Khargh Petrochemical is ahead and pioneer in this area compared to other petrochemicals, due to the conditions and facilities.
This major decision, based on precise evaluations of current conditions including gas feedstock supply limitations, significant global methanol market recession, and self-sufficiency in domestic production of this product, represents a significant step towards optimizing investment and increasing profitability.
It is expected that the implementation of this project, in addition to creating direct and indirect employment, will produce more than one million tons of methanol.