Middle East Economic Survey
Methanol Capacity More Than Doubled For Planned Second Kharg Plant
Kharg Petrochemical Company (KPC) has re-signed a contract for the construction of a second methanol plant on Kharg Island, to attain production capacity of 1.64mn tons/year, up from the original 660,000 t/y. The planned expansion raised the anticipated project cost to 346mn from the earlier 142mn. Since the original contract was awarded last summer, KPC has been...