19 October 2010 16:43 [Source: ICIS news]
CARACAS (ICIS)--Venezuela’s Metor I methanol plant could delay a turnaround until next year, a source close to the plant said on Monday.
The turnaround for maintenance was budgeted for this year, but Metor is currently evaluating whether it wants to interrupt production at this time due to the plant’s “excellent performance”, the source said.
If Metor opts to delay maintenance at the methanol plant this year, the turnaround will be scheduled for the first half of 2011.
Meanwhile, production at Metor II has been running at full capacity for over three months, the source said.
The new facility, which began operations over the summer, has a production capacity of 850,000 tonnes/year, increasing Metor’s total capacity to 1.6m tonnes/year.
The incremental volume is mainly expected to serve North American and European markets.
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