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
Categories
Investments
Chemical substances
Countries
Latest news
MSSA doubles production capacity for sodium methylate in La Rochelle, France
The strategic investment will double MSSA's annual production capacity for sodium methylate from 20,000 tonnes to 40,000 tonnes, reinforcing the company's commitment to meeting the growing demand f...
Dreexo Energy to Launch Circular Economy Plant in Cádiz, Advancing Sustainable Industry in Andalucía
Construction of a new facility in the Cádiz Free Trade Zone. The project is expected to break ground in early 2026 and be operational by year’s end.
BASF invests in new semiconductor-grade sulfuric acid plant in Ludwigshafen, Germany
BASF SE, Ludwigshafen →Essential ultra-pure chemical enabling advanced semiconductor manufacturing processes New capacity meets growing demand for the manufacturing of chips in Europe
Vioneo appoints Wood to design world’s first industrial scale fossil-free plastics facility in Antwerp, Belgium
Port Of Antwerp →the renewably powered and energy efficient plant will be the first facility in the world capable of achieving the production of fossil-free plastics using green methanol at an industrial scale.