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AbstractAbstract
[en] With growth prospects in the oxygenated fuel-driven market strong but current demand sluggish, a number of methanol holdings have come on the market. Cash-strapped Quantum Chemical has placed a for sale sign on its Deer Park, TX plant, Hoechst Celanese Chemical (Dallas) is seeking a new joint venture partner for its Clear Lake, TX plant and Morgan Stanley Leveraged Equity Fund II (New York) is seeking to reduce its stake in Beaumont Methanol (Beaumont, TX). Industry sources also say that Novacor Chemicals (Calgary) is receptive to offers for its Medicine Hat, AB plant
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