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
Investments
Chemical substances
Countries
Latest news
New Biostoom waste-to-energy plant delivers steam and electricity to Borealis in Beringen, Belgium
New state-of-the-art power station transforms non-recyclable waste from local households into electricity and steam. Successful first deliveries of steam and electricity to Borealis Beringen operat...
Yara ready to enable the hydrogen economy with historic full-scale green ammonia project in Porsgrunn, Norway
Yara announces plans for 500,000 tonnes per annum green ammonia production in Norway, powering emission-free shipping fuels and decarbonized food solutions. Yara plans to broaden its core, by enabl...
Construction of Clariant's sunliquid® plant in Podari, Romania on track for completion by the end of 2021
Construction continues with over 650 workers on site operating in full compliance with all COVID-19 pandemic precaution measurements. Majority of large key production equipment has already been ins...
New production facility for aromatic ring chlorination in Frankfurt-Höchst, Germany
WeylChem Group of Companies (WCGC), announced the larger scale investment in a new production facility for aromatic ring chlorination to be built at the Group’s site in Frankfurt-Höchst