Shaanxi Shenmu Chemical has shut down its Methanol unit for maintenance turnaround. Earlier the unit was shut down in the month of September for annual maintenance. The company sources have not specified yet how long the unit will take to resume its production.
The company has two Methanol plants and all the units are shutdown. Unit no 1 has the production capacity of 2,00,000 mt/year and unit no2 has the production capacity of 4,00,000 mt/year.