IMBUCC Completes 1.0 Million T/A Methanol Project
Year:2007 ISSUE:27
COLUMN:PROJECT NEWS
Click:204    DateTime:Sep.25,2007
IMBUCC Completes 1.0 Million T/A Methanol Project    

The 1.0 million t/a natural gas based methanol project in Inner Mongolia Boyuan United Chemical Co., Ltd. (IMBUCC) was completed and put on stream in Erdos of Inner Mongolia on September 10th. The project is jointly funded by Inner Mongolia Yuanxing Natural Alkali Co., Ltd., Sigllc Investment (Group) Co., Ltd. of the United States and Inner Mongolia Boyuan United Chemical Co., Ltd. with a total investment of RMB1.472 billion. Wushenzhao Industry Park where the project is located is close to Sulige Gas Field, a world-class self-contained gas field. The proven gas reserves in Sulige Gas Field holds the first place in the five top gas fields in China.
   The 1.0 million t/a natural gas based methanol project is one of the major projects in the development program of the natural gas chemical industry in Inner Mongolia. A 400 000 t/a unit and a 600 000 t/a unit were imported from the United States. The construction was started on September 3rd, 2004. The output value can reach around RMB3.0 billion a year after the completion of the project.