Malaysia’s PETRONAS runs Labuan methanol plant 2 at 'high rates'

06 July 2012 11:38  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia's state-owned energy major PETRONAS is currently running its 1.7m tonne/year methanol Labuan (PML) 2 plant at high rates following an outage at the unit last week, a company source said on Friday.

The source said did not disclose the exact operating rate at the plant.

The plant was shut for a few days and was restarted at the end of last week, the source said.

Meanwhile, PETRONAS’ 660,000 tonne/year Methanol Labuan (PML) 1 unit is currently running at 60-80% of capacity, said a source close to the company.

Methanol is used to make formaldehyde, methyl tertiary butyl ether (MTBE), methylamines, methyl methacrylate (MMA) and acetic acid.

Other regional methanol producers include Indonesia’s Kaltim.

By: Heng Hui
+65 6780 4359

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