The Brunei Methanol Company (BMC) is a methanol plant in Sungai Liang, Brunei. According to the Brunei Darussalam Newsletter, the BMC plant was the largest investment done outside of the oil and gas and LNG industry. The plant was noted to have the capability to produce up to 850,000 tonnes of methanol per year. The project was part of the Wawasan Brunei 2035 goals on diversing Brunei's economy and reduce the dependence on oil and gas industry. 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. The company was officially established on March 13, 2006. On 30 November 2007, the groundbreaking for the methanol plant project begun, and with the construction starting within the Sungai Liang Industrial Park (SPARK) in February 2008. Notably during the cornerstone ceremony, it was carried out by the Crown Prince Al-Muhtadee Billah. More information...
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