p>Methanol Holdings (Trinidad) Limited (MHTL) will delay the turnaround of its 1.89 million mt/year M5000 Mega Plant, in Trinidad, until October. It is expected to last 35-45 days, a source close to the company said Wednesday.
The turnaround, planned a year ago, was originally scheduled to start at the end of September. A source said the delay was based on inventory capacity.
As other planned major turnarounds were expected during Q4, sources anticipated that firm demand could drive spot methanol prices to the 97-98 cents/gallon level.
Southern Chemical Corporation is responsible for marketing the methanol produced from the plant into the North and Latin American markets.
China Chemical Weekly: http://news.chemnet.com/en/detail-1411716.html
