Sulige shuts Inner Mongolia methanol plants for maintenance

15 April 2010 05:47  [Source: ICIS news]

SINGAPORE (ICIS news)--Sulige Chemical shut its two natural gas-based methanol plants at Inner Mongolia in north China on 8 April for maintenance, a company source said on Thursday.

The restart date of the plants, which have a total capacity of 350,000 tonnes/year, was not confirmed yet, the source added.

Domestic prices in China were down by yuan (CNY) 120-150/tonne ($18-22/tonne) at CNY2,280-2,540/tonne ex-tank last week, 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 = CNY6.83)

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By: Heng Hui
+65 6780 4359



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