Price and market trends: Zeogas to build US methanol-to-gasoline plant

07 March 2014 10:50 Source:ICIS Chemical Business

US firm Zeogas plans to build a large methanol-gasoline plant using technology licensed from Air Liquide.

Houston-based Zeogas said that it will build a 5,000 tonne/day methanol plant in the US that would use grade AA methanol as a feedstock to produce 16,500 bbl/day of sulphur-free, ultra-low benzene, regular octane gasoline.

 

Methanol-to-gasoline for the US

Copyright: Rex Features

Zeogas has secured MegaMethanol technology from Air Liquide Global E&C Solutions, a subsidiary of Air Liquide.

Zeogas did not say where the plant would be located in the US. “Over the next month or two we will be making several more announcements,” said Zeogas founder and CEO Timothy Belton in an interview with ICIS.

The company’s website said that Belton has held various management consulting roles in both publicly traded and private equity backed companies.

Belton said that his most recent role was as the restructuring advisor and then chief 
operating officer of TRC Companies, a NYSE-listed environmental and civil engineering firm with experience in engineering and permitting of hydrocarbon pipelines, power plants and wind farms.

Belton received his undergraduate engineering management degree from the University of Texas and a master’s degree in business administration (MBA) from Harvard University.

Zeogas co-founder David Muse spent 32 years with ExxonMobil, where he led commissioning and startup for ExxonMobil Development. He also has experience as the owner’s engineer on two other efforts to commercialise ExxonMobil’s methanol-to-gasoline technology.

Muse earned his civil engineering degree from Lamar University and executive management training from both Rice and Oxford universities.

Another co-founder, Jeri Wechsler, has 30 years of business and legal experience, beginning her career as an oil and gas landman after graduating from Louisiana State University.

By Lane Kelley