Canada's Methanex gets air permits for Louisiana methanol plant

14 November 2012 18:23  [Source: ICIS news]

HOUSTON (ICIS)--Methanex has been granted air permits by state and federal authorities for its proposed methanol plant in Geismar, Louisiana, the company said on Wednesday.

Required air permits have been issued by the state and the US Environmental Protection Agency (EPA), the company said.

A Methanex spokesman did not immediately respond to a request for comment.

Methanex CEO Bruce Aitken said earlier this year that he expected to receive all key permits for the move by the end of 2012.

The Canada-based methanol producer said in late July that it will move a 1m tonne/year plant in Chile to Lousiana at a cost of $550m (€435m), and have it running by late 2014.

Methanex is operating only one of its four plants in Chile, and has had considerable problems maintaining a supply of natural gas for the units in the South American country.

The company has also said it is considering moving another plant to Louisiana, but that the decision will not be made until late this year or in 2013.

($1 = €0.79)

By: Lane Kelley
+1 713 525 2653

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