Azerbaijan produced 161,100 tonnes of methanol (methyl alcohol) in January-April 2020, up 67.6% from the previous year, Report informs, citing the State Statistical Committee.
Methanol is produced by SOCAR's Methanol Plant in Garadagh. The plant has been operational since 2013. In November 2016, SOCAR Methanol LLC took over the management of the plant. Since October 2018, it has been incorporated into SOCAR's structure and is currently operating as the SOCAR Methanol Plant. Nearly 400 employees are employed at the factory, which has an annual production capacity of 650-700 thousand tons.