China’s Shanxi Coking to double methanol capacity by late 2012

21 July 2011 04:57  [Source: ICIS news]

GUANGZHOU (ICIS)--China’s Shanxi Coking plans to double its methanol capacity in Hongdong county in Shanxi province to 400,000 tonnes/year by the end of 2012, a company source said on Thursday.

Under the plan, the company’s 200,000 tonne/year methanol plant will be reengineered and expanded into a 400,000 tonne/year one, according to the source.

The project is estimated to cost yuan (CNY) 450m ($70m) and construction work started in June, he added.

Meanwhile, the company on 28 June obtained final governmental approval for a 600,000 tonne/year methanol to olefin (MTO) plant at the same site and may start construction on it soon, the source said.

Shanxi Coking will supply the coking gas to produce methanol feedstock for the MTO plant and may build downstream polyethylene (PE) and polypropylene (PP) plants, he said.

($1 = CNY6.45)

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By: Fanny Zhang
+65 6780 4359

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