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AR-RAZI - 5 is one of the largest methanol projects in the world with a designed annual capacity of 1.7 million metric tons.
The new plant will add about 1,500 metric tons a day to AR-RAZI's capacity, with a capability of increasing production up to 5,000 metric tons a day. SABIC is the world's second largest producer of methanol.
Yousef bin Abdul Rahman Al-Zamel, Sabic Vice President, Basic Chemicals, said,
"The demand for methanol is growing rapidly, especially in the new fuel applications such as DME & Biodiesel."
AR-RAZI was founded in 1979 as a 50-50 joint venture between SABIC and the Japanese Saudi Methanol Company, a consortium of major Japanese companies led by Mitsubishi Chemical Gas Company.
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Posted by Anne-Birte Stensgaard, Senior News Editor
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