Assam Petrochemicals plans to build methanol, acetic acid plants by end 2014

Assam Petrochemicals plans to build a 500,000 tpa methanol and a 200,000 tpa downstream acetic acid plant in Namrup, by the end of 2014, as per Platts. Natural gas from Assam will be used as feedstock for the methanol project. The company is mulling dimethyl ether and biodiesel plants to use the methanol. The company is also considering building plants for vinyl acetate monomer, polyvinyl acetate, and polyvinyl alcohol to use the acetic acid. Assam Petrochemical is majority owned by the Assam state-government. Current capacities at Namrup include a 33,000 tpa methanol plant and a 33,000 tpa downstream formaldehyde plant.
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