Sulige to restart Inner Mongolia methanol plants in June

28 May 2010 13:03  [Source: ICIS news]

SINGAPORE (ICIS news)--Sulige Chemical will restart its two natural gas-based methanol plants, located in China’s northern autonomous region of Inner Mongolia, in June after a 40-day maintenance, a company source said on Friday.

The plants, which have a total capacity of 350,000 tonnes/year, were shut in April.

Domestic Chinese methanol prices were pegged on Thursday at yuan (CNY) 1,880-2,050/tonne ($275-300/tonne) ex-tank, down CNY20-50/tonne from Wednesday.

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
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