09 October 2008 04:12 [Source: ICIS news]
SINGAPORE (ICIS news)--Methanex announced on Thursday that it had successfully restarted one of its two 900,000 tonne/year methanol plants in Motunui, New Zealand, after over four years of non-operation.
The first commercial output was achieved on 3 October, the company said.
The two methanol plants at the Motunui site were shut down in 2004 due high feedstock prices and low margins.The company had earlier signed a new gas contract that allows Methanex to run one 900,000 tonne/yr plant for 2 years.
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