05 July 2011 07:54 [Source: ICIS news]
SINGAPORE (ICIS)--Australia’s Coogee Energy is operating its approximately 55,000 tonne/year methanol plant in Laverton, Melbourne, at above its nameplate capacity, a company source said on Tuesday.
The plant was shut for eight days of maintenance and restarted in mid-May, the source added.
“The plant is expected to produce 80,000 tonnes [of methanol] this year,” the source said.
It is the only plant in Australia that converts natural gas to methanol, market participants said.
Coogee Energy supplies the output from its plant to customers, mainly in the eastern states of Australia, for the production of formaldehyde via dedicated methanol pipelines, according to the company’s website.
The company also supplies methanol to some specialised end-users and retailers via road tankers both from its plant in Laverton and from its off-site storage facility in Botany at New South Wales, Australia.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|