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.
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