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Methanol plant of Assam Petro to start in Q1 2015
11
Dec '12
Assam Petrochemical is setting up either a standalone methanol plant or an integrated plant for production of methanol and acetic acid, which is expected to begin commercial production from first quarter of 2015. 
 
According to a senior official of Assam Petrochemicals, they have already finalised the technology provider for the methanol plant. However, talks for the acetic acid technology provider are still going on. 
 
He added, “Once the acetic acid technology provider is finalised, they would take a decision to whether set up a standalone methanol plant or an integrated plant for production of methanol and also acetic acid”.
 
The plant is estimated to be set up at an investment of Rs 1.28 billion. Construction of the plant is expected to start from January 2013 and will complete in fourth quarter of 2014. Commercial production at the plant is expected to start in the first quarter of 2015. 
 
The methanol plant would have a capacity of 500 tons per day and that of acetic acid will be 200 tons per day.  
 
If the methanol plant is a standalone plant, the quantity of methanol available for sale would be 500 tons per day.
 
But if it is an integrated plant, the available amount of methanol for sale would be 415 tons per day as 85 tons per day of methanol, would be used in captive consumption for acetic acid production.
 

Fibre2fashion News Desk - India

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