23 March 2012 15:49 [Source: ICIS news]
(releads, adds detail)
LONDON (ICIS)--Trinidad’s M5000 methanol plant at Point Lisas is scheduled to close for maintenance in April, a source closely associated with the facility said on Friday
The turnaround is expected to last for around three weeks, according to a separate source with Hamburg-based Helm AG, marketers and distributors for the plant.
The M5000 plant is owned and operated by Methanol Holdings [Trinidad] Limited (MHTL), and has a capacity of 1.9m tonnes/year.
The turnaround is not widely expected to have a large impact on the global methanol market because it has been planned in advance, meaning alternative supply arrangements would have been made.
MHTL produces a total of around 4m tonnes of methanol a year at its five plants at Point Lisas, of which 75% is exported to North America, 24% to Europe, and 1% sold locally, according to the company’s website.
The Point Lisas plants use the ICI low pressure methanol synthesis process. The two main raw materials are natural gas methane and water.
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