26 July 2011 09:06 [Source: ICIS news]
GUANGZHOU (ICIS)--China’s Ningxia Baofeng Energy Group is planning to build a 1.5m tonne/year coal-based methanol plant at Yinchuan in the northwestern province of Ningxia, a company source said on Tuesday.
The company is expected to start building the plant this year and bring it on stream three years later, the source said.
Baofeng Energy runs a 200,000 tonne/year coal-based methanol plant at the same site, he added.
“We are issuing tenders for construction and engineering of those plants. It’s unknown yet when start-ups can commence,” he said.
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|
Asian Chemical Connections