Vancouver — Methanex Corp. said April 23 that it has entered into a long-term offtake agreement with Orascom Construction Industries (OCI) for a significant portion of the production from its methanol plant in Beaumont, Texas, which is expected to commence commercial production in June 2012. Methanex is the world’s largest supplier of methanol to major international markets. OCI, a leading international nitrogen fertilizer producer and engineering and construction company, with its headquarters in Cairo, Egypt, already has its 250,000 mt anhydrous ammonia plant in production. The methanol plant can produce up to 750,000 mt/y.
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