China’s Hulunbei‘er Dongneng restarts methanol plant

06 July 2009 04:11  [Source: ICIS news]

SINGAPORE (ICIS news)-- Hulunbei‘er Dongneng Chemical Co will restart its 200,000 tonne/year coal-based methanol plant in Inner Mongolia, northwest China, this week after scheduled maintenance, a company source said on Monday.

The plant was shut in the second half of May.

Methanol prices were assessed at $235-240/tonne (€169-173) CFR China last week, up $5/tonne from the week before, according to global chemical market intelligence service ICIS pricing.

Other methanol producers in China include China National Offshore Oil Corp (CNOOC), and Boyuan United Chemical.

 ($1 = €0.72)

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By: Heng Hui
+65 6780 4359



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