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.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections