S Arabian Chemanol Methanol Chemicals restarts methanol plant

27 May 2013 09:22  [Source: ICIS news]

DUBAI (ICIS)--Saudi Arabian Methanol Chemicals Co (Chemanol) has restarted its methanol and dimethyl formamide (DMF) plants following a turnaround that began earlier this month, the Kingdom's specialty chemicals company said in a statement over the weekend.

“The company has restarted commercial production of methanol and dimethyl formamide, after the end of the regular maintenance, as of today [Saturday],” the company said in the statement issued to the Saudi Stock Exchange.

The company has replaced expired catalysts, causing low production, 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 downstream products.

The company said financial impact caused by the scheduled shutdown will be announced soon after calculation of all costs.

By: Aamir Ashraf

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