The Brunei Methanol Company (BMC) is a methanol plant in Sungai Liang, Brunei.[2][3] According to the Brunei Darussalam Newsletter, the BMC plant was the largest investment done outside of the oil and gas and LNG industry.[4] The plant was noted to have the capability to produce up to 850,000 tonnes of methanol per year.[5] The project was part of the Wawasan Brunei 2035 goals on diversing Brunei's economy and reduce the dependence on oil and gas industry.[6][7]
 | |
.jpg) Methanol Plant in 2022 | |
| Company type | LLC |
|---|---|
| Industry | Energy |
| Founded | 13 March 2006 |
| Headquarters | 4°40′20″N 114°28′23″E / 4.6721369°N 114.4730090°E, , |
Key people | Abdul Alikhan (CEO)[1] |
| Products | Methanol |
| Owner | Mitsubishi Gas Chemical Company (50%) PetroleumBRUNEI (25%) Itochu Corporation (25%) |
| Website | brunei-methanol.com |
History edit
The first proposal for the project was accepted in August 2004, and the Joint Venture (JV) Agreement was signed between the Mitsubishi Gas Chemical Company, PetroleumBRUNEI and Itochu Corporation.[8] The company was officially established on 13 March 2006.[9] On 30 November 2007, the groundbreaking for the methanol plant project begun,[8] and with the construction starting within the Sungai Liang Industrial Park (SPARK)[10] in February 2008.[11] Notably during the cornerstone ceremony, it was carried out by the Crown Prince Al-Muhtadee Billah.[11]
The USD$600 million 16-hectare plant was officially opened by Sultan Hassanal Bolkiah on 25 May 2010.[4][12] During the second half of 2011, it has only been running on 80% due to several emergency shutdowns.[13] In 2013, the Government of Brunei showed concerns over an unknown dark and possibly harmful fumes coming out of the plant.[14]
On 22 March 2021, Universiti Brunei Darussalam (UBD) staffs visited the BMC's plant in search for possible research collaborations.[15] During the COVID-19 pandemic in Brunei in December of that same year, BMC has donated medical supplies to the Ministry of Health (MoH).[16]
edit
The operating company—Brunei Methanol Company Sdn Bhd—is owned by the Mitsubishi Gas Chemical Company (50%), PetroleumBRUNEI (25%) and Itochu Corporation (25%).[17][13]
References edit
- ^ "BMC holds stakeholder engagement dialogue | Borneo Bulletin Online". Retrieved 23 May 2022.
- ^ "Brunei Methanol Company". brunei-methanol.com. Retrieved 23 May 2022.
- ^ The Report: Brunei Darussalam 2008. Oxford Business Group. 2007. p. 112. ISBN 978-1-902339-07-8.
- ^ a b "Department of Information" (PDF). Brunei Darussalam Newsletter. Vol. 25, no. 5. 2010. p. 1.
- ^ "Brunei Methanol - Brunei's first project financing | Case Studies | IJGlobal". www.ijglobal.com. Retrieved 23 May 2022.
- ^ Inc, IBP (24 April 2018). Brunei Energy Policy, Laws and Regulations Handbook - Strategic Information and Regulations. Lulu.com. p. 114. ISBN 978-1-4330-7115-7.
{{cite book}}:|last=has generic name (help) - ^ Patricia, Ordóñez de Pablos; Xi, Zhang; Nabil, Almunawar, Mohammad (11 March 2022). Handbook of Research on Green, Circular, and Digital Economies as Tools for Recovery and Sustainability. IGI Global. p. 113. ISBN 978-1-7998-9666-1.
{{cite book}}: CS1 maint: multiple names: authors list (link) - ^ a b "Brunei Methanol Company - PROJECT MILESTONE". brunei-methanol.com. Retrieved 23 May 2022.
- ^ Inc, IBP (14 May 2016). Brunei Business and Investment Opportunities Yearbook Volume 1 Strategic Information and Opportunities. Lulu.com. p. 138. ISBN 978-1-4387-0627-6.
{{cite book}}:|last=has generic name (help) - ^ The Report: Brunei Darussalam 2009. Oxford Business Group. 2009. p. 71. ISBN 978-1-907065-09-5.
- ^ a b "Brunei Darussalam Methanol Project". ITOCHU Corporation. Retrieved 23 May 2022.
- ^ The Report: Brunei Darussalam 2010. Oxford Business Group. 2010. ISBN 978-1-907065-29-3.
- ^ a b The Report: Brunei Darussalam 2011. Oxford Business Group. 2011. p. 135. ISBN 978-1-907065-52-1.
- ^ Singh, Daljit (7 November 2014). Southeast Asian Affairs 2014. Flipside Digital Content Company Inc. ISBN 978-981-4519-91-5.
- ^ "Site Visit and Potential Research Collaboration Meeting at Brunei Methanol Company (BMC) Sdn. Bhd. | UBD Innovation and Enterprise". innovation.ubd.edu.bn. Retrieved 23 May 2022.
- ^ "A show of support in pandemic fight | Borneo Bulletin Online". Retrieved 23 May 2022.
- ^ The Report: Brunei Darussalam 2007. Oxford Business Group. p. 72. ISBN 978-1-902339-75-7.
