BioMCN to double capacity with €100 million investment
OCI N.V. (Euronext: OCI), BioMCN’s parent company, announced an estimated €100 million investment to refurbish the second methanol production line at BioMCN, located at Chemical Park Delfzijl.
The production facility is currently mothballed, but prospects for methanol markets are attractive and the restart will create approximately 30 new permanent jobs at the site, in addition to several hundred indirect jobs during the refurbishment.
The production line can produce 438,000 tons of methanol per year and will almost double BioMCN’s current production capacity. The plant is expected to start commissioning in the fourth quarter of 2018.
The BioMCN plant in Delfzijl doubles its capacity
Related parks
Investments
Chemical substances
Countries
Latest news
Construction starts at the Highfield Muga Potash Mine in Aragon, Spain
Initial construction work starts at the Muga Mine after receiving the construction licence in Aragón.
FREYR Battery Sanctions construction of its inaugural gigafactory in Mo i Rana, Norway
FREYR is raising its installed annual production capacity target to more than 200 GWh by 2030, twice the company’s previous ambition. FREYR has recently secured a conditional offtake agreement (“CO...
LOTTE Chemical and Sasol Chemicals exploring collaboration to develop materials for electric vehicle batteries
Sasol and LOTTE Chemical have agreed to conduct a pre-feasibility study of a joint project to build, own and operate a plant to produce battery-grade electrolytesolvents.
Emerson and Neste Engineering solutions to optimize Fintoil biorefinery operations in the port of Hamina-Kotka, Finland
Automation software and advanced digital technologies to maximize performance at world’s third-largest crude tall oil biorefinery, accelerating transition to cleaner fuels