21 September 2012 06:32 [Source: ICIS news]
SINGAPORE (ICIS)--Canada-based Methanex is running its two methanol plants with a combined running capacity of 1.5 m tonne/year at Motunui, in the North Island of New Zealand, at full rates, said a company source on Friday.
One of the two plants was restarted in 2008, while the second plant, which has an actual nameplate capacity of 850,000 tonnes/year but can only produce 650,000 tonnes/year, was restarted in July this year.
It is pursuing opportunities to obtain natural gas so it can restart its 530,000 tonne/year methanol plant in ?xml:namespace>
The company is currently assessing the feasibility of debottlenecking the Motunui site which will add another 200,000 tonnes/year to its output and it is waiting to finalise natural gas supply agreements before proceeding to the restart of the Waitara plant, the company said in a podcast in the week on its website.
The full nameplate capacity of the Motunui and Waitara plants is 2.4 m tonne/year.
Methanol can be found in products such as windshield washer fluid and plywood floors.
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