Iranian experts build methanol plant in Baku

The first methanol plant in the Caucasus is being in Baku by Iranian experts, with the 65-million-euro project already 60% complete, Iran.ru reports.
 
The production capacity of the plant will average 2,100 tons of methanol per day. Practical implementation of the project in Azerbaijan is being carried out by 83 engineers and engineering workers from Iranian engineering company Mehvarsazan.

 One of the project’s senior executives, Habib Karami, pointed to the great potential of Iranian petrochemical production and touched upon the necessity for Iran’s neighboring countries to build petrochemical enterprises. He said the great progress Iranian engineers have made in petrochemical production has attracted the attention of many countries and there is every reasons to believe that in the next few years Iranian experts will implement important petrochemical projects in this region.

The Iranian ambassador in Baku, Mohammed Baker Bahrami, said Azerbaijan welcomes the participation of Iranian engineering companies in investment projects and reported that the main projects currently being implemented by Iranian experts are, in addition to the building of the methanol plant, the construction of twin-towers in Baku and of a road between Baku and Astara.