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Markets :: Basic Chemicals :: Petrochemicals :: Methanol

Chinese Firm Breaks Ground on Methanol Plant

1:04 PM MST | December 5, 2008 | Chemical Week Editorial Staff

China Blue Chemical, a subsidiary of China National Offshore Oil Corp. (CNOOC), has broken ground on a Rmb1-billion ($146 million) project to build an 800,000-m.t./year methanol plant at Dongfang, Hainan Island, China, media reports say. The unit is due to start up in October 2010. It will process natural gas from CNOOC’s Ledong field. The plant will be China Blue’s second methanol facility. It completed the first unit earlier this...

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