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.
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