Malaysia’s PETRONAS to restart Labuan methanol unit on 8 June

01 June 2012 07:54  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia's state-owned major PETRONAS will restart its 1.7m tonne/year methanol labuan (PML) 2 unit on 8 June following a shutdown in mid-April for regular maintenance, a company source said on Friday.

“It will achieve running rates of around 70-80% [by 10 June]. We target to achieve a stable manufacturing operating rate of 80% or more by the end of the year once the upstream gas issues are solved,” he said.

The company’s 660,000 tonne/year PML 1 unit has remained operational at around 80-90% of capacity during this period, the source added.

Other methanol producers in the region include Indonesia’s Kaltim Methanol Industries (KMI) and Brunei Methanol Company (BMC).

By: Heng Hui
+65 6780 4359

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