Iran will transform from an exporter to an importer of petrochemical products within the next three years

Iran will transform from an exporter to an importer of petrochemical products within the next three years

A petrochemical expert warns that the country's excessive focus on the limited production of certain products such as methanol and urea is the Achilles' heel of the petrochemical industry, and says that if balanced development is not carried out in this area to produce MTO units and the like, within the next few years Iran will not only not be able to export petrochemical and chemical products, but will also become an importer.
Olefin petrochemicals suffer the fate of Iranian methanol producers

Olefin petrochemicals suffer the fate of Iranian methanol producers

Experts warn that a decline in ethane production in the coming years could cripple the country's ethylene chain and the bitter tragedy of methanol producers could now be repeated for olefins; they see the way out as the construction of MTO units and an end to the sale of methanol as crude.