China’s Shanxi Yongxing Coking runs methanol units at 19% capacity

21 November 2012 07:52  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shanxi Yongxing Coking is running its two methanol units at Linfen city in Shanxi province at 19% capacity, because of a tight supply of feedstock coke oven gas, a company source said on Wednesday.

The two methanol units, which have capacities of 200,000 tonnes/year and 100,000 tonnes/year respectively, can produce 200 tonnes/day of methanol, the source said.

More than 90% of the company’s product is sold to dimethyl ether (DME) manufacturers in Henan province, according to the source. 

Chinese domestic methanol prices in Shanxi province were at yuan (CNY) 2,450-2,650/tonne ($393-425/tonne) on 21 November, according to Chemease, an ICIS service in China.

($1 = CNY6.24)

By: Fayer Shen

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