Brief: Methanex Corp Production Delayed Due To Complications In Autothermal Reformer Of Initial Start-Up Process

Methanex

20/02/2024 12:55

Feb 20 (Reuters) - Methanex Corp  MX.TO :
    * METHANEX PROVIDES UPDATE ON GEISMAR 3 METHANOL PLANT IN
GEISMAR,
LOUISIANA
    * METHANEX CORP - COMMERCIAL PRODUCTION OF ITS NEW 1.8
MILLION
TONNE METHANOL PLANT, GEISMAR 3 (G3), IN GEISMAR, LOUISIANA HAS
BEEN DELAYED
    * METHANEX CORP: DETERMINED THAT THERE IS SIGNIFICANT DAMAGE
TO A
LARGE NUMBER OF SUPPORTING REFRACTORY BRICKS IN VESSEL WHICH
WILL REQUIRE REPLACEMENT
    * METHANEX CORP -  PRODUCTION DELAYED DUE TO COMPLICATIONS
THAT
OCCURRED IN AUTOTHERMAL REFORMER (ATR) DURING LATE STAGES OF
INITIAL START-UP PROCESS
    * METHANEX CORP - ISSUE REQUIRED ATR TO BE COOLED AND
BROUGHT TO A
SAFE STATE WHERE TEAMS COULD CONDUCT DETAILED INSPECTIONS OF
VESSEL
    * METHANEX: SPECIALTY FORMED REFRACTORY BRICKS REQUIRE TIME
TO
PROCURE AND, AS A RESULT, COMMERCIAL PRODUCTION COULD BE DELAYED
UP TO END OF Q3
    * METHANEX CORP - MANAGEMENT BELIEVES THAT TOTAL CAPITAL
COST WILL
NOT SIGNIFICANTLY EXCEED UPPER END OF CAPITAL COST GUIDANCE OF
$1.30 BILLION

Source text for Eikon:  ID:nGNXjFl5w 
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