Home / Knowledge / News / Textiles / Methanex restarts Chile IV methanol plant

Methanex restarts Chile IV methanol plant

18
Oct '18
Methanex restarts Chile IV methanol plant
Methanex Corporation has successfully restarted and produced first methanol from its 0.8 million tonne Chile IV plant that has been idle since 2007. In addition, the Argentine Government recently granted permits to allow for the export of natural gas from Argentina to Chile and Methanex has begun to receive natural gas from Argentine suppliers.

“We are thrilled to announce the successful restart of our Chile IV plant. Our team in Chile did an outstanding job in completing this project with excellent safety performance and the project was completed on schedule and on budget. We are also extremely pleased to begin receiving natural gas from Argentina once again and we are optimistic that in the long-term we can secure sufficient gas without seasonal restrictions to underpin a continuous two-plant operation,” said John Floren, president and CEO of Methanex on its website.

Methanex is a Vancouver-based company and is the world’s largest producer and supplier of methanol to major international markets. The company expects that its current gas agreements will allow for a two-plant operation in Chile during the southern hemisphere summer months and up to a maximum of 75 per cent of a two-plant operation annually until mid-2020. (PC)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 14th Jun 2021

Pakistan govt proposes tax relief in budget to boost industrial growth

Pakistan's latest budget aims to reduce the input cost of many...

Pic: Shutterstock

Apparel/Garments | On 14th Jun 2021

Prime Content| Vietnam’s apparel exports expected to rise in 2021: TexPro

Apparel exports of Vietnam are expected to increase from $14.96...

Pic: Shutterstock

Textiles | On 14th Jun 2021

Huge scope to strengthen textile value chain in West Africa: report

With only 2 per cent of the raw cotton grown in West Africa processed ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

There was a certain switch, but it was not 100% pandemic related

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Susanna Koelblin,

Susanna Koelblin

Founded in 1920, Eastman is a global specialty materials company that...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search