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Subject Keyword BIOMASS FUELS ♦ METHANOL ♦ CONTRACTS ♦ SALES ♦ MARKETING ♦ SUPPLY AND DEMAND ♦ PRODUCTION ♦ METHANOL PLANTS ♦ CAPACITY ♦ OWNERSHIP ♦ TRINIDAD AND TOBAGO
Abstract CW has learned that the privatization of the Trinidad and Tobago Methanol Co. (TTMS; Point Lisas, Trinidad) is the first step in a consolidation of ownership and marketing of methanol produced on the island. A consortium made up of chemical distributor Helm (Hamburg), engineering firm Ferrostaal (Essen), and Colonia Life Insurance (Clico; Port of Spain, Trinidad) will buy the government`s 69% of TTMC, displacing a bid by Methanex. TTMC owns and operates two methanol plants, M1 and M3. They produce 460,000 m.t./year and 550,000 m.t./year, respectively, and were designed and built by Ferrostaal. Helm markets half of TTMC`s output, with the remainder locked into contracts that run through 2000.
ISSN 0009272X
Educational Use Research
Learning Resource Type Article
Publisher Date 1997-04-16
Publisher Place United States
Journal Chemical Week
Volume Number 159
Issue Number 15


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