Iran has been planning to expand its Methanol capacity. It is waiting for the removal of sanctions by US which could also allow Iran to meet its ambitious capacity expansion goals. Iranian methanol capacity has almost doubled in the past two years, to 12 million mt in 2020, following the start-up of the Pars Kimiya and Bushehr facilities, both located in Assaluyeh. Based on planned and announced additions, Iran's capacity could grow to above 30 million mt by 2030, according to market sources, making it the largest exporter of methanol.
