Methanex takes FID on third Geismar methanol plant

Methanex Corp. has reached a final investment decision to move forward with its previously announced plan to build a 5,000-tonne/day methanol plant next to the operator’s existing methanol plants in Geismar, La.

Methanex Corp., Vancouver, BC, has reached a final investment decision to move forward with its previously announced plan to build a 5,000-tonne/day methanol plant next to the operator’s existing methanol plants in Geismar, La. (OGJ Online, Jan. 27, 2015).

Methanex will make a $1.3-1.4-billion capital investment in the G3 project, which will involve construction of the company’s third methanol plant at Geismar that, once completed, will transform the production site into one of the world’s largest methanol complexes, the Louisiana Economic Development (LED) said.

Construction on the plant—which will be equipped with Johnson Matthey PLC’s proprietary autothermal reforming and methanol technology to produce about 1.8 million tpy of methanol—will begin during this year’s second half for targeted start-up in second-half 2022, according to LED (OGJ Online, Sep. 6, 2018).

Methanex previously let a contract to KBR Inc. to provide front-end engineering design services for the proposed project (OGJ Online, July 31, 2018).

Methanex currently operates two methanol plants at Geismar, each with a production capacity of 1 million tpy.

Contact Robert Brelsford at rbrelsford@endeavorb2b.com.

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