Brunei Methanol Plant Costs Escalate

Brunei Methanol Co. (BMC; Brunei), a joint venture in which Mitsubishi Gas Chemical (MGC) has 50%, and Petroleum Brunei and Itochu each have 25%, has been given final approval for a previously announced 2,500-m.t./day methanol plant at Sungai Liang, Brunei (CW, Dec. 7, 2005, p. 23). The estimated costs of building the plant have risen from the original $300 million, to $400 million. Commercial operation of the plant is scheduled to start in the second quarter of 2010, two years later than originally anticipated. The complex will use the Mitsubishi Methanol...

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