South Louisiana Methanol build methanol plant in Louisiana

South Louisiana Methanol to build methanol plant in Louisiana

4:38 AM, 1st March 2013
South Louisiana Methanol to build methanol plant in Louisiana

LOUISIANA, US: South Louisiana Methanol, a partnership of Zero Emission Energy Plants (ZEEP) and Todd Corp, plans to spend more than $1 billion to build methanol production plant in North America in St James Parish, Louisiana, US. The $1.3 billion facility will convert 163,000 million British thermal units of natural gas into 5,000 metric tonne of methanol per day. Construction on the plant is slated to begin later this year, with start-up planned for 2016.

“The technical and capital efficiencies of our plant in St James Parish will make us directly competitive with overseas plants. The conversion of natural gas to methanol offers natural gas producers an alternative avenue to LNG, enabling the creation of products which are consumed at home on a long-term basis,” said Barry Williamson, Chief Executive, South Louisiana Methanol.

© Dow Jones News

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