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The shareholders in Oman Methanol Company (OMC)have established a new company, Sohar Methanol Company, to build a second plant at the northern industrial city. Speaking in Muscat on 15-16 November at the Port of Sohar conference, organised jointly by MEED and Sohar Industrial Port Company (SIPC), OMC chief executive Richard Preece said that the new plant would be similar in size to OMC’s 3,000-tonne-a-day (t/d) plant, which is under construction, and would likely cost $400 million-500 million. The shareholders in OMC are Methanol Holding Trinidad (MHTL), the local Omar Zawawi Establishment (Omzest)and Germany’s MAN Ferrostaal(MEED 8:4:05).