China based company Sichuan Chunwaei is planning to shut its methanol unit. The company has taken this decision as its major chunk of supply of feedstock natural gas is being supplied for local applications. Government is very strict for pollution norms and is focusing more on production of methanol using natural gas rather than coal.
The unit will go off-stream on 10th December 2017. The unit is based at Sichuan province of China and has the manufacturing capacity of 870 kt/year.
