Oil, Gas and Consumable Fuels
Company Overview of G2X Energy, Inc.
G2X Energy, Inc. processes and converts natural gas into transportation fuels in Texas and Louisiana. The company engages in developing, owning, and operating production facilities that convert natural gas to methanol and drop-in gasoline. It has a strategic partnership with Proman Group. The company was incorporated in 2012 and is based in Houston, Texas.
600 Travis Street
Houston, TX 77002
Founded in 2012
Key Executives for G2X Energy, Inc.
Co-Founder, Chief Executive Officer, President and Director
Co-Founder, Chief Financial Officer and Executive Vice President of Corporate Development
Executive Vice President of Upstream
Head of Project Development and Vice President
Compensation as of Fiscal Year 2015.
G2X Energy, Inc. Key Developments
G2X Energy Completes its First Shipment of Methanol from its New Plant in Pampa
Jun 1 15
G2X Energy has completed its first shipment of methanol from its new plant in Pampa. Construction on the 65,000 tonne/year plant began in January 2013 on the site of a former Celanese plant that closed in early 2009.
MHTL to Partner in World-Scale MTG-Ready Methanol Production Facility in Southwestern Louisiana
Dec 18 14
G2X Energy, Inc. (G2X Energy) and Methanol Holdings Trinidad Limited (MHTL) announced that MHTL intends to partner with G2X Energy to construct the world-scale methanol-to-gasoline MTG-ready, methanol production facility being developed by G2X Energy in Lake Charles, Louisiana. The Big Lake Fuels LLC facility will produce 1.4 million metric tons of commercial-grade methanol per year and will have the necessary facilities to convert methanol to automotive gasoline in the future. As part of MHTL’s potential investment into G2X Energy and the Big Lake Fuels plant, MHTL will enter into the negotiation of an exclusive offtake agreement to market the entire production of methanol from Big Lake Fuels’ first methanol plant. The plant will be located on a 200-acre site on the Calcasieu Industrial Canal off of the main Calcasieu Ship Channel. The site is ideally located adjacent to multiple large natural gas pipelines and industrial electricity connectivity, and affords the option to ship methanol via barge or oceangoing vessel. The site has the capability to support multiple production process trains and has been secured from the Port of Lake Charles under a long-term lease agreement. The facility will be constructed by the Proman Group under a fixed price EPC contract. Proman, based in Wollerau, Switzerland, has extensive experience building methanol production facilities. The company has built five world-scale plants in Trinidad and Oman similar in design to the Big Lake Fuels plant. The plant will utilize steam reforming and methanol synthesis technologies from Johnson Matthey Davy Technologies Limited. The plant received its air and construction permit from the state of Louisiana on May 25. Construction is expected to begin in early 2015, after the project obtains the remaining permits and completes initial engineering. G2X Energy anticipates the project will create more than 2,000 construction jobs during the three-year construction period. Once the methanol plant is operational, there will be more than 125 full-time operations personnel at the plant, with that number expected to grow when MTG and methanol plant expansions are complete.
G2X Energy to Start Texas Panhandle Methanol Plant in Fourth Quarter of 2014
Jul 11 14
A small methanol plant being built by G2X Energy in the Texas Panhandle will start up in the fourth quarter of 2014. The 65,000 tonne/year project was originally scheduled to begin operating by the end of June 2014, but the startup date had been pushed back. The delay stemmed from typical construction and engineering problems.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries