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Marubeni and Ghana Government to Study Methanol Project in Ghana

11:31 PM MDT | October 4, 2010 | Deepti Ramesh

Marubeni (Tokyo) says it has signed a memorandum of understanding with the government of Ghana to jointly conduct a feasibility study for a methanol plant project in Ghana. Aiming to utilize the natural gas by-product from the oil fields in western Ghana as the main raw material, the study will look at the prospects of producing 850,000 m.t./year of methanol for both export and domestic fuel use, in order to limit imports, Marubeni says. Methanol is used as a basic raw material in various chemical products and in recent years has become increasingly popular in...

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