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.
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