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Brunei’s methanol plant to open in 2010

Methanol produced in Brunei will be ready for export mainly to Japan in less than one year, the Brunei Economic Development Board (BEDB) said. This would be possible when the Brunei Darussalam Methanol Plant, the first petrochemical plant in the sultanate, opens in early 2010. The US$450 million methanol plant is the first major investment in the country’s Sungai Liang Industrial Park (SPARK) and was developed by Brunei Methanol Co., a joint venture between Brunei National Petroleum Co. Sdn Bhd and Japanese companies Mitsubishi Gas Chemical Co. Inc. and Itochu Corp. (March 8, 2009)