Methanex's Atlas plant in Trinidad not in turnaround - sources

12 April 2012 20:43  [Source: ICIS news]

HOUSTON (ICIS)--Methanex’s Atlas methanol plant in Trinidad appears to be running and has not begun a turnaround, sources close to the plant said on Thursday.

Methanex would not officially comment.

Sources close to the plant and in the methanol industry said the 1.7m/tonne year facility was operating.

Sources told ICIS on 2 April that the plant would close for about a month.

One source said there had been some confusion about the plant’s status in the past week. But the source said the company had confirmed that the plant was not in turnaround.

Another source said no turnaround was planned.

However, the Atlas facility will be subject to the ongoing rolling natural gas restrictions in Trinidad, the source said.

US methanol spot barge prices have inched higher this week, currently at 116.00-116.50 cents/gal (€.23/litre). That represents a nudge up from the 112-115 cent/gal range where spot prices have stayed for most of this year.

($1 = €.76)

By: Lane Kelley
+1 713 525 2653

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