Aggressive Entry into Export Markets thru Methanol Value Chain Development

The CEO of Ghadir Investment Company said: "Considering the collective perspective of methanol production in the country, the only way to successfully enter the export markets aggressively is through the development of the methanol value chain." Amir Abbas Hosseini, addressing the 4th Iranian Methanol Seminar, considered methanol as one of the strategic products of the petrochemical industry, and said: "Purposeful and balanced development of the petrochemical industry should be more on the agenda in order to meet the raw material needs of domestic industries and enter global markets.” He stressed that the study of global markets and the coefficient of trade and the future of emerging markets for consumption and production in the field of renewable energies indicates the need to develop production of intermediate items to process materials needed in the polymer and chemical industries. Referring to the advantages of access to methanol and relatively cheap energy in the country and the collective perspective of methanol production, Hosseini said that the only way to succeed is to have an aggressive view of entering export markets through the development of a downstream methanol value chain.