05 November 2008 10:51 [Source: ICIS news]
DUBAI (ICIS news)--Russian methanol producers are expected to face competition with Middle East and other low-cost suppliers as exports are needed to maintain production levels, predicted Etienne Dor, vice-president, Europe, Africa and Middle East, of Jim Jordan & Associates.
“Much enthusiasm persists in the Russian methanol industry with many projects on the chalkboard,” he said at the 2008 Methanol Forum.
However, he questioned the speed at which the projects can proceed, with none expected on stream by 2010.
Projects under consideration include a 320,000 tonne/year plant for ?xml:namespace>
Japanese interests have joined Nizhnekamskneftekhim’s 200,000 tonne/year methanol project in Nizhnekamsk, Tatarstan, which is intended to meet demand from its MTBE plant, according to Dor.
A Japanese trading firm is reportedly doing a feasibility study for a 500,000 tonne/year facility in
Dor also noted that a gas-to-chemicals complex in Yakutia, east
The forum is organised by Houston-based consultants Jim Jordan & Associates and Washington, DC-based Methanol Institute.
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