China’s Guizhou Jinchi runs methanol plant at 90% after restart

23 March 2012 07:40  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Guizhou Jinchi Chemical is running its 300,000 tonne/year methanol plant at Zunyi in Guizhou province at 90% of capacity, after it was restarted on 19 March, a company source said on Friday.

The company shut down the plant for maintenance at the end of December 2011, the source said.

The source said the company is expected to start selling the methanol output in early April.

Guizhou Jinchi intends to expand its target market to Sichuan, Chongqing, Hunan and Guangxi because of the limited downstream demand in the local Guizhou market, the source added.

Guizhou Jinchi is a subsidiary of the Guizhou Chitianhua Group.

By: Rachel Qian

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