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Issue 13/2019 - Russian company plans to build a large methanol plant

 Last Update: 2022-11-11
 Source: Internet
 Author: User

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Maire Tecnimont and Gazprombank recently signed a memorandum of understanding to build a world-class methanol plant
in Ustruga, a Russian port on the Baltic coast.
Under the agreement, the partners will develop, construct, finance, maintain and operate a methanol plant
with a designed capacity of 5,000 mt/d.
Preliminary estimates of total investment costs exceed EUR 1 billion (US$1.
13 billion).

Partners discuss
joint development initiatives.
The program will be coordinated by Maire Tecnimont subsidiary Tecnimont to coordinate the front-end engineering design (FEED).

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