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Celanese to Build Large Methanol Plant at Clear Lake, TX

6:15 AM MDT | June 14, 2012 | Natasha Alperowicz

Celanese announced today its intention to construct a methanol production facility at its Clear Lake, TX acetyls complex. The company says that as one of the world’s largest producers of acetyls it plans to utilize its existing infrastructure to capture the opportunities created by abundant and affordable U.S. natural gas supplies by backintegrating to methanol. The company says that its only existing methanol plant is the Ibn Sina joint venture at Jubail, Saudi Arabia. Celanese's share from that jv is 200,000 m.t./year. Celanese declines to...

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