Russian Methanol producer Shchekinazot is planning to start new Methanol unit by September 2018. The plant has a capacity of 500,000 mt of methanol and 135,000 mt of ammonia a year, the company said on its website in May.
One methanol trader said that he expects that the plant will reach full production at the start of October.
Previously the company said that it would target both domestic and export markets. The company owns and operates another 450,000 mt/year methanol plant at the same site, which was launched in 2011.
