Trinidad M5000 methanol plant shut down for maintenance

10 April 2012 14:56  [Source: ICIS news]

A methanol plant in TrinidadLONDON (ICIS)--The M5000 methanol plant in Point Lisas, Trinidad, was shut down over the weekend for a maintenance turnaround, a source with Helm said on Tuesday.

The turnaround at the 1.9m tonne/year plant is expected to last approximately three weeks.

Sources do not expect any significant impact on prices from the shutdown, given that it was planned in advance.

The M5000 plant is owned and operated by Methanol Holdings (Trinidad) Limited (MHTL). Helm markets the plant's material in Europe.

MHTL produces a total of around 4m tonnes of methanol a year at its five plants at Point Lisas, with 75% of this exported to North America and 24% to Europe, while 1% is sold locally, according to the company’s website.

By: Ross Yeo
+44 208 652 3214

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