IRAN: Topsoe signs deal with Badr-e-Shargh for new methanol plant in Chabahar

Topsoe has signed a contract with Badr-e-Shargh Petrochemical Complex to provide services for a new methanol plant to be built in Chabahar, Iran.

Under the contract, for which a value was not disclosed, Topsoe will provide licenses, engineering, proprietary equipment, materials and catalyst for the project, which will be the first plant in a new industrial zone in the area.

"I have no doubt in my mind that Iran is on the doorstep to a period of great progress," said Per K. Bakkerud, executive vice president of the chemical business unit and the EMEA region at Topsoe. "The business culture, the high level of education and of course the abundant natural resources is more or less a guarantee for blooming business in the petrochemical and refining industry."

At the same time, Topsoe announced it will establish a permanent office in Tehran and has named Jens Ole Madsen as the managing director.

Source: Weekly “PetroChemical News”, Durham, NC, USA; 8 Feb 2016
(Syed Rashid Ali, Karachi, Pakistan)