01 August 2008 17:41 [Source: ICIS news]
NEW DELHI (ICIS news)--India has granted environmental clearance to Gujarat State Fertilizers & Chemicals’ proposal to transform a standby ammonia plant into a methanol plant at a cost of Indian rupees (Rs) 2.59bn ($61m), a company official said on Friday.
The company would revamp its 450 tonne/day No 1 ammonia plant into a 525 tonne/day methanol plant at its production complex at ?xml:namespace>
The former plant became idle after the commissioning of its No 4 1,350 tonne/day ammonia in 1998.
The company operates the former plant as stand-by facility for production of synthesis gas and carbon dioxide during the shutdown periods of the latter plant, as well as intermediate gases to urea and caprolactam plants.
The proposed methanol plant would use natural gas feedstock. The government has already approved the company’s technical collaboration with
($1 = Rs42.39)
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