Chemical Week Magazine :: Business & Finance :: Asia/Pacific
Methanex to restart and increase methanol capacity in New Zealand
7:53 AM MST | March 8, 2013 | —Deepti Ramesh
Methanex plans to increase methanol capacity in New Zealand by 700,000 m.t./year, to 2.2 million m.t./year, by the end of 2013. The company has secured a new natural gas supply agreement, which will enable the restart of the methanol plant at its Waitara Valley site in the third quarter of 2013, adding 500,000 m.t./year of capacity. Methanex will also add 200,000 m.t./year at its Motunui site by increasing distillation capacity. The combined estimated capital cost of the 2 projects is about $65 million, Methanex says. “This added production enhances our...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee