India’s Assam Petrochemical plans to build new formaldehyde plant

17 February 2012 03:42  [Source: ICIS news]

SINGAPORE (ICIS)--India’s Assam Petrochemical plans to build a new 41,250 tonne/year formaldehyde plant, a company source said late on Thursday.

“The location of the new plant is still undecided,” said the source.

Construction of the new 41,250 tonne/year formaldehyde plant is expected to be completed in two years, the source said.

Assam Petrochemical may initially import methanol to feed into the new formaldehyde plant, the source said.

Meanwhile, the company is planning to start building a 165,000 tonne/year methanol plant at Namrup in the next three months, with completion expected in three years.

It currently has a natural gas-based 33,000 tonne/year methanol plant at Guwahati in northeastern India that partially feeds its existing formaldehyde plant that has the same capacity.

By: Heng Hui
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