ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Methanol Plant Slated For Louisiana

by Alexander H. Tullo
October 20, 2014 | APPEARED IN VOLUME 92, ISSUE 42

Trading firm Castleton Commodities International plans to build a $1.2 billion methanol plant in Plaquemines Parish, La. It expects to begin construction of the plant in 2016 and complete it two years later. It will have 1.75 million metric tons per year of methanol capacity. Cheap natural gas from shale has attracted a flood of new methanol projects to the U.S., with the bulk of the output earmarked for export markets. More than a dozen firms are planning about 30 million metric tons per year of new capacity (C&EN, Aug. 11, page 12). U.S. production was only about 1 million metric tons in 2007, before the shale gas boom, according to the consulting firm IHS Chemical.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment