State-run Assam Petro-Chemicals Ltd will commission its methanol and formaldehyde plants by January 2021 to cater primarily to the domestic fuel market and is planning to export it to the neighbouring countries, an official said.
The company is currently constructing the methanol plant with 500 tonne per day capacity and the 200-TPD formaldehyde unit at Namrup in Dibrugarh, he said.
“We have been maintaining COVID protocol in our project site. The two plants are set to be commissioned in January 2021,” Assam Petro-Chemicals (APL) chairman Bikul Deka said.
With the surge in methanol demand in the domestic market, the APL had started construction of the plant in October 2017 with an estimated investment of Rs 1,709 crore.
