Indonesia’s Kaltim Methanol runs methanol plant above full capacity
13 January 2012 08:27 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>Indonesia’s Kaltim Methanol Industri (KMI) is running its 660,000 tonne/year methanol plant at Bontang in east Kalimantan at more than its full capacity, a company source said on Friday.
The methanol plant was shut on 4 November for maintenance and was restarted on 14 December, the source said.
It is now running at 106% of capacity, the source added.
The company sells the methanol mainly to glue makers, and the rest to biodiesel, solvent and fertilizer makers.
Kaltim Menthanol is jointly owned by Japan’s Sojitz, which holds an 85% stake, Indonesia’s PT Humpuss and Daicel Chemical Singapore, which holds a 10% and 5% share respectively.
Formaldehyde makers in Indonesia use methanol to produce adhesives for plywood and other wood processing industries.
For more on methanol, visit ICIS chemical intelligenceBy: Heng Hui+65 6780 4359
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