Planned Global Methanol Capacity Continues to Rise, an
Planned Global Methanol Capacity Continues to Rise, an Industrial Info News Alert
SUGAR LAND, TX -- (Marketwire) -- 10/22/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Producers of methanol, a building block chemical, are taking advantage of low-cost natural gas feedstock and an improvement in demand to build new capacity. Methanol is a key feedstock used in the production of many other chemical commodities, such as formaldehyde, alternative fuels and others, helping to increase demand. There are three capital projects currently planned in the U.S. to increase methanol production capacity, with a total investment estimated at $1.3 billion.
Other companies featured: Celanese Limited (NYSE:CE), Methanex Corporation (NASDAQ:MEOH), Jacobs Engineering Group Incorporated (NYSE:JEC), Total S.A. (NYSE:TOT)
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=230290&refer=mw, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Contact: Joe Govreau 713-783-5147