CB&I bags FEED contract Gulf Coast methanol complex

CB&I bags FEED contract for Gulf Coast methanol complex

6:15 AM, 6th February 2018
CB&I logo

THE WOODLANDS, US: Chicago Bridge & Iron Company (CB&I) has been awarded a contract by IGP Methanol LLC.

The scope of work includes front-end engineering design (FEED) services to produce a binding lump sum price for the Gulf Coast methanol complex to be located in Myrtle Grove, Louisiana.

The complex will consist of four identical methanol trains and associated utilities. Each methanol train will have a capacity of 1.8 million tonnes per year of methanol production from natural gas.

The FEED contract also includes terms for an exclusive selection of CB&I for the engineering, procurement and construction (EPC) of each of the four methanol trains.

When complete, Gulf Coast methanol will produce 7.2 million tonnes of methanol per year, making it the world's largest permitted methanol production facility.

Alongside the selection of CB&I as its FEED and EPC contractor, IGP and its partners in China and US have selected project partners for natural gas supply, gas transportation, oxygen and nitrogen supply, as well as storage and loading.

"This contract further establishes our position in the methanol market and is another example of our company’s integrated portfolio being leveraged by our customers with the benefit of working through a single point of contact," said Duncan Wigney, CB&I's executive vice president of engineering & construction.

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