Celanese plans to set up methanol unit at Texas facility
The methanol unit would utilise abundant, low-cost natural gas in the US Gulf Coast region as a feedstock
BS B2B Bureau B2B Connect | Texas, USA
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.
“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.
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The company's Bishop facility, located between the communities of Kingsville and Bishop, Texas, is a world class manufacturing site for specialty chemicals, engineered materials and pharmaceutical products.
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First Published: Apr 01 2014 | 1:53 AM IST