Methanol Chemicals Company (Chemanol) has entered into a 20-year supply agreement with Air Products Qudra, aiming to enhance its methanol production capabilities as part of an extensive revamp project.
The partnership, which is set to unfold over the next 18 months, will see Air Products Qudra providing the essential industrial gases needed to modernise Chemanol’s facilities, a move expected to elevate the company’s operational efficiency within the methanol sector.
The agreement highlights Chemanol’s strategic commitment to “securing a reliable source of high-quality industrial gases” as it seeks to stay competitive in the chemical industry, according to a company statement.
“This collaboration positions Chemanol to better meet future market demands,” the company stated, indicating that the agreement with Air Products Qudra aligns closely with its long-term objectives for growth.
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