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Methanex Restarts New Zealand Plant, Sees More Debottlenecking and Restart Opportunities

6:29 AM MDT | July 5, 2012 | Natasha Alperowicz

Methanex announced today that it has restarted its second methanol plant at Motunui, New Zealand, and had commenced production this week. The plant adds 650,000 m.t./year of capacity and increases the Motunui site capacity to 1.5 million m.t./year. Methanex is the world’s largest supplier of methanol. Methanex president and CEO Bruce Aitken said that the plant was restarted on schedule and at a “very reasonable” cost. “The plant adds a competitive new supply source for our customers in the fast-growing Asian markets and is expected to...

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