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
Essar oil UK to build £360 million carbon capture facility to deliver on its ambition to be a leading low carbon refinery
Essar is investing over £1 billion into a range of energy efficiency, fuel-switching, and carbon capture initiatives, designed to decarbonise its production processes significantly by 2030 and put ...
Maire Tecnimont awarded €80 Million EPCM refining contract at the Corinth Refinery, Greece
A new C3 splitter unit to be implemented inside the Corinth Refinery.
Circular economy : Air Liquide and TotalEnergies innovate to produce renewable and low-carbon hydrogen at the Grandpuits Zero Crude Platform, France
Air Liquide will invest over 130 million euros in the construction and operation of a new unit producing hydrogen. This unit will partly use biogas from the biorefinery built by TotalEnergies, and...
LyondellBasell Makes Decision to Progress Advanced Recycling Plant in Wesseling, Germany
start Engeneering to build an advanced recycling plant using MoReTec technology, this commercial scale advanced recycling plant would convert pre-treated plastic waste into feedstock for new plasti...