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Malaysian company to build $700 million methanol plant in Kazakhstan

May 28, 2014 |

In Kazakhstan, Malaysian-company Markmore Sdn Bhd has signed an MOU with Mangystau province to build a $700 million methanol plant in Kuryk. The facility will use the large gas reserves in the Rakushechnoye Field already owned by the company via a local subsidiary. The plant’s completion is expected by 2017.

 

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