Articles tagged Methanol

Industrial giant Methanex Corp. agreed Monday to bolster its global natural gas-dependent business with a $2.05 billion cash-and-stock transaction for Amsterdam’s OCI Global.

A petrochemical plant recently announced, slated to be in service by 2026, could produce up to 200 metric tons/year of low-carbon blue ammonia and methanol using natural gas from the Montney Shale, officials said.

Danish shipping giant AP Moller-Maersk A/S plans to roll out the first of eight large container vessels fueled by carbon-neutral methanol in 2024, four years after the company rebuffed liquefied natural gas (LNG) as a low-carbon transition fuel.

A Chinese-backed methanol export plant proposed for the Port of Kalama in Washington has effectively been canceled after the sponsor said it would terminate its lease.

Canadian utilities are starting trials of green uses for a natural gas substitute, hydrogen, that has to date chiefly served the Alberta oilsands production often criticized by environmentalists.

After a third environmental assessment, the Washington Department of Ecology has denied a shoreline permit for a China-backed, $2 billion-plus natural gas-fed methanol plant that would be sited along the Columbia River.

A two-year research project with the aim of capturing carbon dioxide (CO2) from an industrial source and turning it into methanol has received a $300,000 federal grant.

With fuel supplied by abundant Lower 48 natural gas, Methanex Corp. has sanctioned a 1.8 million metric ton/year (mmty) methanol plant in Geismar, LA, adjacent to its two existing facilities.

Nearly three years to the day after giving final authorization for the project, FERC has granted Northwest Pipeline LLC an additional year to complete construction of a short natural gas pipeline lateral to serve a proposed methanol production facility in the Pacific Northwest.

An Alberta government subsidy program lured its third industrial customer for natural gas into construction Wednesday, when Nauticol Energy committed to build a C$2 billion ($1.5 billion) methanol plant.