China based Ningxia Baofeng operates is Methanol and MTO plant at stable rate. The methanol plant has the production capacity of 1.72 million mt/year. The adjoining MTO plant is also being operated at stable condition having the production capacity of 6,00,000 mt/year. According to company sources the methanol plant is likely to undergo maintenance in the month of August. Meantime during turnaround phase the production capacity of methanol is set to increase to 2 million mt/year.
