Malaysia’s PETRONAS No 2 methanol unit to stay shut until end-Sept

04 September 2013 10:06  [Source: ICIS news]

SINGAPORE (ICIS)--Malaysia’s PETRONAS Chemicals Group (PCG) will keep its 1.7m tonne/year No 2 methanol plant in Labuan shut until the end of September because of equipment issues, a company source said on Wednesday.

The plant was taken off line on 15 July for maintenance and was supposed to be restarted in end-July.

PCG’s 660,000 tonne/year No 1 methanol unit at the same site continues to operate, with its output supplying to southeast Asian customers, the source said.

Many market participants expect prices in the region to go up because of snug supply.

Methanol is used to manufacture formaldehyde, methyl tertiary butyl ether (MTBE), methylamines, methyl methacrylate (MMA) and acetic acid.


By: Heng Hui
+65 6780 4359



AddThis Social Bookmark Button

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.

Printer Friendly

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