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World News and Views :: Projects

Mitsubishi Corp. leads methanol-to-petrochemicals consortium

2:09 PM MST | January 3, 2013 | —Natasha Alperowicz

Ramnarine: Regulatory approvals pending. Mitsubishi Corp. is leading a consortium of investors to build a two-phase methanol-to-petrochemicals complex at La Brea, Trinidad, the Trinidad & Tobago Guardian reports, citing Kevin Ramnarine, the country’s energy minister. The consortium includes Mitsubishi Gas Chemical, Neal and Massy Holdings (Port of Spain, Trinidad and Tobago), and US-based Integrated Chemicals Co. The first phase of the project, costing an estimated $850 million, is expected to include methanol and dimethyl ether manufacturing...

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