Indonesia’s Kaltim Methanol delays Bontang plant restart

30 December 2013 09:49 Source:ICIS News
SINGAPORE (ICIS)--Indonesia’s Kaltim Methanol Industri (KMI) will restart its 660,000 tonne/year methanol plant at Bontang in eastern Kalimantan in mid-January after an annual maintenance, a company source said on Monday.

The plant was originally planned to be restarted at the end of December this year, the source said.

The shutdown of KMI’s plant will further tighten the availability of spot cargoes in Asia, market players said.

However, end-users said demand was similarly weak as well, with major downstream acetic acid plants in the region operating at low rates.
By Heng Hui