21 January 2011 16:26 [Source: ICIS news]
LONDON (ICIS)--BP plans to shut down its methanol plant at Gelsenkirchen, Germany, for maintenance in the second quarter, a source at the company said on Friday.
BP's plant, which has a capacity of 300,000 tonnes/year, was expected to be off line from around early-May to about mid-June, the source said.
The plant's output is not large enough to represent a significant loss of production. But sources said if BP's turnaround coincides with those at other methanol plants, it could potentially have a noticeable impact on supplies.
However, with news that Methanex this week started up its 1.3m tonne/year methanol plant at Damietta, Egypt, and was expected to reach high levels of production by the second quarter, any turnarounds at other plants could merely serve to counterbalance the new volumes, according to sources.
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