Mitsubishi Gas Chemical, Itochu to Form Joint Venture for Methanol Production in Brunei.Tokyo, Japan, Nov 24, 2005 - (JCNN JCNN Japan Corporate News Network ) - Mitsubishi Gas Chemical, Itochu, and Brunei National Petroleum Company signed a contract on November 21 to establish a methanol methanol, methyl alcohol, or wood alcohol, CH3OH, a colorless, flammable liquid that is miscible with water in all proportions. Methanol is a monohydric alcohol. It melts at −97. production joint venture in Brunei Darussalam within the year. The three companies aim to reach a final agreement in 3Q 2006. After conducting feasible studies on basic engineering work and the acquisition of necessary permissions from the Brunei government, the venture will start plant construction and then launch commercial production of methanol, to be exported to Japan and other Asian countries Noun 1. Asian country - any one of the nations occupying the Asian continent Asian nation country, land, state - the territory occupied by a nation; "he returned to the land of his birth"; "he visited several European countries" . This is going to be Brunei's first large-scale project, and the joint venture will ask the Japan Bank for International Cooperation The Japan Bank for International Cooperation (国際協力銀行 for financing. This is also a national project by which to develop the country's petroleum and natural gas downstream From the provider to the customer. Downloading files and Web pages from the Internet is the downstream side. The upstream is from the customer to the provider (requesting a Web page, sending e-mail, etc.). products. Mitsubishi Gas Chemical and Itochu were jointly selected to lead the project in August 2004. Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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