Published on March 15, 2018
IGP Methanol (IGP)partners with COSCO, and Jinguotou (JGT) agreed to construct up to two methanol plants to supply feedstock for Jinguotou's Methanol-to-Olefins facility at Jin Zhou Port. Plant will be placed at IGP Methanol's Gulf Coast Methanol Park. Each plants will have a production capacity of 1.8 million tons of methanol per year.
"IGP is pleased to begin this cooperation with internationally esteemed logistics company COSCO and JGT. The project will assure long-term stable and low-priced pure methanol for JGT's MTO projects as well as supply ultra-clean fuels to China, from abundant US natural gas resources. IGP's local US construction and operations will create thousands of jobs in Louisiana and the local communities in the US Gulf Coast." Said by IGP Methanol Chairman Mr. James S Lamoureaux.
