China’s Shanxi Coking shuts methanol unit on technical woes

26 November 2012 09:20  [Source: ICIS news]

SINGAPORE (ICIS)--China’s Shanxi Coking has shut its 200,000 tonne/year methanol unit at Linfen in Shanxi province on 24 November because of technical issues, a company source said on Monday. 

 The company expects to restart the plant, which can produce 600 tonnes/day of methanol,  in early December.

The company still has inventories for for sale, the source added.

 According to the source, 70% of the company's methanol output goes to Henan, 20% to Hebei, and the remaining 10% to Shandong and the local market.

 Methanol prices in Shanxi province in China were assessed at yuan (CNY) 2,380-2,600/tonne ($382-417/tonne) on 26 November, according to Chemease, an ICIS service in China.

 ($1= CNY6.23)

By: Fayer Shen

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