US Methanol breaks ground on West Virginia methanol plant

08 September 2017 16:29 Source:ICIS News

HOUSTON (ICIS)--US Methanol broke ground on a methanol production plant in Charleston, West Virginia, according to a news release made available on Friday.

The plant, which will be relocated from Brazil, will produce 195,000 tonnes/year of methanol using natural gas as feedstock.

It is expected to commence production in second-half 2018, according to the company’s website.

The company said it plans to develop a second plant, with capacity of 150,000 tonnes/year, but did not indicate when it expects to start construction.

US Methanol is a privately held entity by Czech Republic-based oil and gas firm KKCG.

Frank Bakker is CEO of US Methanol. Bakker is a former president and CEO of OCI Partners, which had recently restored a 950,000 tonne/year methanol plant in Beaumont, Texas.

By Steven McGinn