Name of the Project
Geismar 3 methanol project.
Location
The proposed plant will be located adjacent to Methanex Corporation’s existing Geismar facilities in Louisiana, in the US.
Client
Methanex Corporation.
Project Description
The project entails the proposed construction of a third methanol plant at the Geismar site, with a capacity of 5 000 t/d.
The plant will be a new-build unit, with a capacity of 1.8-million tonnes year, much larger than the other two one-million-tonne-a-year plants.
Potential Job Creation
Not stated.
Value
The proposed project is estimated at $1-billion.
Duration
If the decision is made to build the third unit, operations are expected to begin in 2023.
Latest Developments
Methanex has awarded KBR a reimbursable engineering, procurement and construction management (EPCM) contract to provide front-end engineering design (FEED) services for the proposed methanol plant. The FEED work is expected to be completed over the next 12 months, with a final investment decision expected by mid-2019. Pending a final investment decision to proceed with the potential third plant, KBR will have the opportunity to provide detailed EPCM services for the new facility.
Key Contracts and Suppliers
KBR (reimbursable EPCM and FEED).
On Budget and on Time?
Not stated.
Contact Details for Project Information
Methanex Corporation, tel +1 604 661 2600, fax +1 604 661 2676 or email invest@methanex.com.