>>
Home / Knowledge / News / Textiles / Azerbaijan's first methanol plant becomes operational
Azerbaijan's first methanol plant becomes operational
08
Jun '13
The first methanol plant in the Caucasus region, owned by Azerbaijani Methanol Company (AzMeCo), is now operational, Chairman of the board of directors of AzMeCo, Nizami Piriyev, has said.
 
Mr. Piriyev said the current capacity of the plant is more than 65 metric tons and its first dispatch is expected within two months, abc.az reported.
 
AzMeCo has already signed a deal with the BP regarding the sale, purchase and marketing of the methanol produced at the new plant. As per the deal, signed during the Caspian Corridor Conference held in London last year, BP holds the vendor status for the entire output.
 
The construction of the new plant has been achieved with an investment of about US$ 350 million.
 
AzMeCo, founded in 2007, is a firm that invests in the petrochemical projects of Azerbaijan, as an owner and operator. In addition to its portfolio of international hydrocarbon investments in the Caspian basin, AzMeCo created a master plan of investment in the construction of the Karadagh Methanol Plant.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 21st Jan 2022

China to optimise energy production, supply, storage, sales

As the global energy market faces complicated situations, China’s top ...

Pic: Shutterstock

Retail | On 20th Jan 2022

Clothing retail sales in US grew 33.1% during holiday season: NRF

Retail sales during 2021’s November-December holiday season grew 14.1 ...

Pic: Shutterstock

Textiles | On 20th Jan 2022

ILO downgrades labour market recovery forecast for 2022

Geneva-based International Labour Organisation (ILO) has downgraded...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Yawer Ali Shah,

Yawer Ali Shah

Synthetic colours and dyes were all the rage till the very first ban on...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Shlomzion Chen, Seevix

Shlomzion Chen
Seevix

Seevix Material Sciences Ltd, which develops and manufactures synthetic...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

The LYCRA Company Singapore  Pte. Ltd
Brandix Lanka Limited
G-Star Raw C.V.
International Textile Manufacturers Federation
John Varvatos
Decathlon
Calvin Klein
Gatsby Africa
Truetzschler India Private Limited
Tory Burch Hong Kong Ltd
Splash
Page Industries Limited (Bangalore)
Groz-Beckert East Asia LLP
PVH Corporation
Puma
SYNERGIES HONG KONG LIMITED
TESCO INTERNATIONAL SOURCING LIMITED
Benetton Group
Alix Partners
Walmart
Rayonese Textile Inc., Division de Culp Inc.
Hirdaramani International Export Private Limited
Boardriders Asia Sourcing Limited
BIMBA ;& LOLA SL
Hela Clothing Pvt Ltd
Aramark Uniform ;& Career Apparel, LLC
Landmark Group
NITI Aayog
Reiter India Private Limited
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Eastman Chemical Company
Restoque S.A.
Tchibo GmbH
Lisa S.P.A.
C;&A Sourcing International Ltd
Sainsbury's Argos Asia Limited
Rosset ;& Cia Limited
Arvind Limited
Maceton Limited
Vianney Textil Hogar S.A. De C.V.
Gloria Jeans
H;&M Hennes ;& Mauritz (Far East) Ltd
Lenzing Aktiengesellschaft
T.T. Limited
Sportswear Company Spa
MAS Active / MAS Kreeda / MAS Bodyline
IDH – The Sustainable Trade Initiative
IKEA of Sweden AB
Bluestem Global Sourcing Limited
BIANCA
Helly Hansen Far East Ltd
Lululemon Athletica Inc
KAS Direct Sourcing
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Vardhman Textile Ltd
Varner AS Retail
KIABI
Sportmaster Ltd.
Phong Phu international JSC (PPJ)
SHAHI Exports Pvt Ltd
Seasalt Limited
Chori Company Limited
Midas Clothing Limited
LC Waikiki
Gokaldas Exports Limited
Lifestyle
Esprit Europe Services GmbH
Abit
Green Fibre
Target Corporation (MN)
OVS Hong Kong Sourcing Ltd.
THE BOMBAY DYEING ;& MFG.CO. LTD
Asos
Aquarelle Clothing Limited
Alison Hayes Romania
Etam Group Strategy Hong Kong Limited
Permoda(Koaj/Armi/Pronto/Bkul)
J ;& P Coats
Gap International Sourcing Limited
Babyshop
Guess Europe Sagl,
Sateri (Jiujiang) Fiber Co.,Ltd
Under Armour Global Sourcing Ltd
Amazon China
Cat Tuong Real Estate Group Joint Stock Company
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
The Top Form Brassiere Manufacturing Company Limited
Desigual - ABASIC, S.A.
Recron Polyester from Reliance Industries Limited
Chico’ FAS

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search