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Dow Chemical is working with Houston-based Hunton Energy on the construction of a $2.8 billion gasification plant. Hunton would own, build, and operate the plant—adjacent to Dow's Freeport, Texas, chemical complex—which would turn petroleum coke, a by-product of oil refining, into methane. Dow says it would purchase methane and steam for use in its Freeport operations. By-product carbon dioxide is expected to be injected into the ground for enhanced oil recovery.
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