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Iran exports monoethylene glycol to China, India

Business Materials 6 October 2016 13:25 (UTC +04:00)

Baku, Azerbaijan, Oct. 6

By Fatih Karimov – Trend:

Iran has exported 170,000 tons of monoethylene glycol (MEG) to China and India during the current year (2016), Gholamreza Jokar, head of Iran’s Morvarid Petrochemical Company said.

Since inauguration of the MEG unit in Morvarid Petrochemical Company in January 2016, about 230,000 tons of the product have been exported to foreign markets, Jokar said, Mehr news agency reported Oct. 6.

He further said that 185,000 tons of MEG was produced by the company during the first half of the current fiscal year (March 20-Sept. 21, 2016).

Jokar said that the MEG unit of the company has a production capacity of 350,000 tons per year.

He added that the unit suffers from feedstock shortage, explaining that MEG unit receives only 65 tons of ethane per hour as feedstock, meanwhile the figure should be 84 tons.

The plant’s feed is supplied from the production of ethane from South Pars Gas field.

Morvarid Petrochemical Company is the largest producer of MEG in Iran.

MEG is an important raw material for industrial applications. A primary use of MEG is in the manufacture of polyester resins, films and fibers. In addition, MEG is important in the production of antifreezes, coolants, aircraft anti-icer and deicers, and solvents.

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