23 August 2011 19:06 [Source: ICIS news]
HOUSTON (ICIS)--The Methanex-owned Atlas methanol plant in Trinidad that went down unexpectedly in late July restarted last week, the company said on Tuesday.
A Methanex spokeswoman confirmed the restart of the 1.7m tonne/year unit, adding that a turnaround scheduled for September might be delayed because of the outage, as reported earlier this month.
Methanex has advised customers that the month-long maintenance will be either in the fourth quarter this year or in the first quarter of 2012, the spokeswoman said.
One market source confirmed that the plant had restarted but was unsure at what capacity it was running because of the latest natural gas cutback in Trinidad.
US methanol spot barge prices have tightened lower this week, with 120 cents/gal reported on Tuesday. Spot prices closed last week at 120-122 cents/gal.
($1 = €0.70)
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