01 May 2013 05:40 [Source: ICIS news]
DUBAI (ICIS)--Saudi Arabian Methanol Chemicals Co (Chemanol), one of the Kingdom's market leaders in specialty chemicals, will shut its methanol and dimethyl formamide (DMF) plants for a 25-day long maintenance and catalyst change, it said late on Tuesday.
“The scheduled maintenance activity will be carried out for the purpose of replacing catalysts near expiry and would commence from Wednesday 1 May 2013 for a period of around 25 days,” the company said in a statement issued to Saudi Stock Exchange.
“Correspondingly, operations for both plants will be temporarily suspended during the shutdown period,“ it added.
The maintenance was due as the production capacity of some of the company’s plants had fallen because of expired catalysts, it added.
Chemanol manufactures methanol derivatives, such as aqueous & urea formaldehydes, formaldehyde derivatives, super plasticizers and various amino resins.
Its annual production capacity is almost 1m tonnes of formaldehyde, derivatives and other downstream methanol based products. The methanol capacity of 231,000 tonnes/year is entirely consumed internally to produce the downstream products.
The company said it has taken appropriate measures to ensure that the planned maintenance does not affect operations of other Chemanol plants.
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