Brunei Methanol Company expects full production in 2010
11 June 2010 10:55 [Source: ICIS news]
SINGAPORE (ICIS news)--Brunei Methanol Company (BMC) plans to run its new 850,000 tonne/year methanol plant at full capacity for the rest of the year, a company source said on Friday.
The plant started commercial production in the last week of April and made its first shipment in mid-May, the source said.
BMC has formed contracts to bring the material to ?xml:namespace>China, Taiwan, Korea, southeast Asia, Japan and India, the source added.
The plant, located within Brunei's Sungai Liang Industrial Park, would produce 2,500 tonnes of methanol per day, according to the source.
The BMC plant is a joint venture of Mitsubishi Gas Chemical (MGC) 50%, Itochu Corp 25% and Brunei National Petroleum Company (Petroleum Brunei) 25%.
Methanol goes in making of formaldehyde - a preservative and glue like substance for making resins, methyl tertiary butyl ether (MTBE) and acetic acid.
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