Future Methanol Production Celanese to Build Methanol Plant in Texas?
Celanese is exploring the possibilities of building a methanol production unit at its site in Bishop, Texas. Currently, the company evaluates a possible 1.3 million tons production line.
Dallas, Texas/USA – “The strategic upstream production of methanol and the attractive economics of natural gas in the US Gulf Coast region – combined with the infrastructure at our Bishop facility – make this a unique opportunity for Celanese,” said Mark Rohr, chairman and chief executive officer.
Celanese is preparing to apply for the necessary environmental construction permits for a methanol unit with an expected annual capacity of 1.3 million tons at the company’s Bishop facility. The methanol unit would utilize abundant, low-cost natural gas in the US Gulf Coast region as a feedstock and would benefit from the existing infrastructure at the site.
The Bishop methanol unit would be similar in scope and scale to the methanol unit under construction at the company’s Clear Lake, Texas, integrated chemical plant; Celanese stated.
Celanese would also consider a joint venture structure for the Bishop methanol unit in a similar fashion to the joint venture methanol unit currently being constructed at the Clear Lake plant.