Methanex planning to restart methanol plant in Egypt soon

21 September 2012 03:54  [Source: ICIS news]

SINGAPORE (ICIS)--Methanex is planning to restart its 1.3m tonne/year methanol plant in Damietta, Egypt, as soon as possible, a company source said on Friday.

The plant was taken off line toward the end of August because of low availability of feedstock natural gas, the source added.

The country had diverted gas to electricity generation companies to meet power needs during the hot summer season, the company said in a podcast this week.

“We plan to start this [plant] ASAP,” the source said but could not give a specific date.

The company was currently purchasing methanol from the market to supply to contract customers.

By: Heng Hui
+65 6780 4359

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