Methanex mulls indefinite plant shutdown
Short gas supplies forced the methanol producer to idle one of its two plants last quarter.
Methanex has three plants in New Zealand, one of which has already been permanently idled.
Methanol producer Methanex is considering indefinitely idling one of its two plants at Motunui near New Plymouth as its gas supplies come under increasing pressure.
In a conference call discussing its results for the three months to June, Methanex chief executive Rich Sumner said it had run on one
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