SINGAPORE (ICIS)--Mitsubishi Corp has launched commercial operations at its methanol and dimethyl ether (DME) plant in Trinidad and Tobago, the Japanese producer said on Tuesday.
The plant has an annual production capacity of 1m tonnes of methanol and 20,000 tonnes of DME, the company said in a statement.
The plant began operating commercially on 18 December 2020.
The plant is run by Caribbean Gas Chemical Ltd (CGCL). CGCL's shareholders comprise a Mitsubishi consortium (Mitsubishi Gas Chemical Co, Mitsubishi Corporation and Mitsubishi Heavy Industries), National Gas Company of Trinidad and Tobago and local conglomerate Massy Holdings Ltd.
"Currently, the global demand for methanol is approximately 81m tonnes/year and that is expected to increase steadily in step with GDP growth," Mitsubishi Corp said.