16 August 2012 12:11 [Source: ICIS news]
(adds paragraphs 3-5 on the company's three other plants at the site)
SINGAPORE (ICIS)--Ar-Razi Saudi Methanol Co plans to shut its two 750,000 tonne/year plants in ?xml:namespace>
The No 1 methanol unit will be taken off line in end-August and will be down for a month, while the No 2 plant is due to be shut for three weeks from mid-September, the source said.
The company’s No 3 methanol plant with an 850,000 tonne/year capacity had a recent turnaround and was restarted on 26 July, the source said.
Maintenance at its 900,000 tonne/year No 4 unit and its 1.7m tonne/year No 5 plant was conducted early in the year.
There are no further plans to shut the company’s two biggest plants for the rest of the year, the source said.
Ar-Razi Saudi Methanol is 50%-owned by Saudi petrochemical giant SABIC, with the balance held by a Japanese consortium led by Mitsubishi Gas Chemical.
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