Wesfarmers and Perdaman advance Australia methanol and urea plans for Burrup Peninsula

Two proposed petrochemical developments on the Burrup Peninsula — Wesfarmers’ methanol plant and Perdaman’s urea plant — have taken a step forward today with separate referrals to the State’s environmental watchdog.

Wesfarmers, together with Coogee Chemicals and Mitsubishi, is conducting a pre-feasibility study to build a 1.8 million tonne-a-year methanol plant estimated to cost about $US1 billion ($1.4 billion). Perdaman proposes to build a 2mtpa urea plant at a cost of about $US3.3 billion-plus ($4.6 billion).

Last month Perdaman chairman Vikas Rambal said that, subject to approvals, construction of the urea plant would start in the first quarter of 2020. Read more…

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