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

Chinese Firm Buys Louisiana Land

by Alexander H. Tullo
August 24, 2015 | APPEARED IN VOLUME 93, ISSUE 33

Chinese petrochemical producer Shandong Yuhuang Chemical has completed the purchase of land in St. James, La., where it intends to build a methanol plant. The company says that it will soon commence work on the $1.85 billion, 1.7 million-metric-ton-per-year unit, which it intends to complete by 2018. YC also inked a 20-year agreement with Transcontinental Gas Pipe Line to deliver natural gas feedstock to the plant. In recent years, Chinese firms have unveiled U.S. methanol projects intended to convert cheap, shale-based gas into methanol and export it to China.

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment