Zagros Petrochemical Company was established in
2000 to implement Iran's third economic, social and, cult development plan
with the aim of achieving global markets and gaining a considerable share of
the methanol market. For the purpose of empowering the company to compete
worldwide and also taking into account the rich gas resources in the South Pars
region and its strategic location, a 31-hectare land in the South Pars Special
Economic Energy Zone was acquired and the company's production complex was
constructed in Assaluyeh port. Moreover, the complex is designed in a way to
use the maximum energy produced in the synthesis reactors and at the same time
utilize the recycled energy in the reforming unit to supply the required
energy. As a result, approximately 205 tons of steam per hour with a pressure
of 40 bars are produced and sold.
Therefore, a contract for basic and detailed
engineering as well as equipment purchase was signed with a consortium
consisting of companies Lurgi, Germany and Pidak, Iran and all activities
related to the construction and installation operations were undertaken by
Iranian contractors.
Following the contract with Lurgi and Pidak
companies, the first phase started in 2001 and ended in 2006 with an annual
capacity of one million six hundred and fifty thousand tons of AA grade
methanol. Besides, upon completion of the complex's second phase in 2009,
Zagros Petrochemical Company was included in the list of five largest
methanol-producing companies in the world with an annual production capacity of
three million and three hundred thousand tons.