Tuesday Aug 22, 2017

PetroEnergy Information Network

News Agency - Detail

Plant Exports 430,000t of MEG to China, India in 14 Months

(Wednesday, March 15, 2017) 11:02

TEHRAN, March 15 (Shana) -- Morvarid Petrochemical Plant has exported 430,000 tons of monoethylene glycol (MEG) to its customers in China and India over the course of the past 14 months.

The exports have fetched the company some $300m, head of the complex Hamidreza Etekhar told reporters on Monday.

The MEG unit of the plant can supply half a million tons of the item as well as 50,000 tons of diethylene glycol (DEG) and 3,400 tons of triethylene glycol (TEG) annually. 

Since its inauguration in January 2016, the plant has supplied 450,000 tons of MEG of which 430,000 tons has been exported and the rest has been sold on the domestic market. 

The complex is operating at 90% of its nameplate capacity.