China BlueChemical to Start Second Methanol Plant

China BlueChemical has announced that it will start operations at its second methanol plant on Hainan Island, China, later this month.

The No 2 plant, built at the same site as the No 1 plant, will have the capacity to produce 800,000 million tons of methanol per year.

Natural gas feedstock for the No. 2 plant will come from the offshore Ledong gas field.

The company's No. 1 plant, which is currently running at full capacity, has a annual production capacity of 600,000 million tons per year.

Both plants are owned by China National Offshore Oil Corporation.