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Methanex Bolsters N. Am. Capacity, Enters Offtake with Orascom
April 27, 2012
Methanex
, the world’s largest methanol producer, is making moves to increase its North American production. The company has entered into a long-term offtake agreement with
Orascom Construction Industries
(OCI) for a significant portion of the production from OCI’s methanol plant in Beaumont, Texas. The plant is expected to begin operation in June 2012, supplying 750,000 tonnes per year of methanol. OCI began producing 250,000 tonnes of ammonia per year from the plant in December 2011. ...
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