Natural Gas Shortages Hamper Methanex in Chile

Methanex says that three of four methanol plants at its Cabo Negro, Chile facility remain idle due to a shortage of natural gas from Argentina. The Cabo Negro facility has been operating at one-quarter of capacity since June, when curtailments in natural gas from Argentina forced Methanex to cut back production (CW, June 20, p. 8). Usually by this time, the weather has warmed enough to end the restrictions, says Bruce Aitken, Methanex president and CEO. A cold winter has increased Argentinean consumption, however. The facility’s methanol output from June 11...

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