13 April 2015
ABOUT MITSUBISHI GAS CHEMICAL (MGC)
ABOUT METHANOL
Methanol is used in the production of a range of downstream products,
and is used as a raw material
in the making of traditional petrochemicals, including
formaldehyde and acetic acid.
Methanol is also widely used in energy applications, such as
gasoline blending and DME, as well as
in the production of olefins (methanol-to-olefin).
ABOUT Dimethyl Ether DME
DME (Dimethyl Ether) is a form of liquefied gas
that can be made from natural gas or
from other raw materials such as coal or biomass.
Similar to liquefied petroleum gas (LPG),
DME does not emit
particulate matter (PM) or sulfur oxides (SOx)
during combustion due to the absence of sulfur.
In addition, its properties do not include
nitrogen oxide (NOx) or carbon dioxide (CO2),
making DME an attractive source
for next generation clean energy.
DETAILS
Mitsubishi Gas Chemical Company Inc. (MGC),
Mitsubishi Corporation (MC) and
Mitsubishi Heavy Industries, Ltd. (MHI)
have signed an agreement with state-owned
National Gas Company of Trinidad and Tobago Ltd. (NGC) and
Massy Holdings Ltd. (Massy)
for the construction of a methanol and dimethyl ether plant
in Trinidad and Tobago, and
have concluded contracts for
EPC (engineering, procurement and construction),
gas supply, and relevant land leases.
＜About this project＞
Name : Caribbean Gas Chemical Limited (est. March 2013)
Location : La Brea, Union Estate Industrial Estate
Main products (capacity) : Methanol (1 million tons per annum)
Dimethyl ether (20 thousand tons per annum)
Total Investment : Roughly US$ 1,000 million
Capital : About US$ 300million
Investment Ratio : Mitsubishi Gas Chemical Company, 26.25%
Mitsubishi Corporation, 26.25%
Mitsubishi Heavy Industries, 17.5%
National Gas Company, 20.0%
Massy, 10.0%
Scheduled Completion Date : June 2018
Start Date : October 2018
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