Arctic Sea: at Damietta

EMethanex [Vancouver, Canada] is currently developing a 1.3 million tonne per year methanol facility at Damietta on the Mediterranean Sea in Egypt that, once operational, will be among the most competitive methanol plants in the world. Commercial operations from the facility are set to begin in 2010. This first-class production hub, which will supply primarily European methanol markets, will integrate seamlessly into Methanex’s global methanol supply chain. The EMethanex facility has the potential for future expansion and increased capacity to meet increased methanol demand.