China’s Dalian Dahua starts new methanol plant end Nov/early Dec

06 November 2009 04:18  [Source: ICIS news]

SINGAPORE (ICIS news)--China-based Dalian Dahua is on schedule to start production at its new 300,000 tonne/year methanol unit in Dalian province by the end of this month or early December, a company source said on Friday.

The plant would use coal as feedstock.

Chinese methanol was assessed at $255-258/tonne (€171-173/tonne) CFR (cost and freight) China in the week ending 30 October, down $2-5/tonne from the previous week, according to global chemical market intelligence service ICIS pricing.

Other methanol producers in China include CNOOC Kingboard Chemical and Yanzhou Coal Industry Yulin Energy.

($1 = €0.67)

For more on methanol visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database
To discuss issues facing the chemical industry go to ICIS connect

By: Heng Hui
+65 6780 4359

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly