Investors in Port of South Louisiana to invest in methanol plant

Capt. John

Louisiana Governor John Bel Edwards and South Louisiana Methanol CEO Paul Moore announced to pursue a $2.2 billion capital investment in a new methanol complex –one of the world’s largest methanol production sites– to be located in the Port of South Louisiana district, according to the port’s statement.

Specifically, on January 4, it was announced the partnership between New Zealand-based Todd Corporation and Saudi state-owned petchem firm SABIC. The project was originally announced in early...

https://safety4sea.com/investors-in-port-of-south-louisiana-to-invest-in-methanol-plant/

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