ZEEP, Todd to build $1.3-billion methanol plant in Louisiana
2:34 PM MST | February 28, 2013 | Clay Boswell
South Louisiana Methanol (SLM), a partnership of Zero Emission Energy Plants (ZEEP; Austin, TX) and Todd Corp. (Wellington, New Zealand), plans to construct a $1.3 billion methanol production facility in St. James Parish, LA, the State of Louisiana said on Thursday. Construction is to begin in the fourth quarter of 2013, with start-up expected in mid-2016.
“Louisiana offers a high-quality energy workforce, access to abundant natural gas, and a strong network of pipelines and transportation facilities, which makes it an ideal partner for the production and distribution of methanol,” says Barry Williamson, SLM’s CEO. “We will utilize proven technology to build the largest methanol plant in North America, which will consume CO2 for a more efficient process, ensuring strong environmental stewardship.”