article thumbnail

$1.3B methanol plant slated for South Louisiana

Green Car Congress

Louisiana Governor Bobby Jindal, South Louisiana Methanol (SLM) CEO Barry Williamson and Todd Corp. Group CEO Jon Young announced that South Louisiana Methanol LP will invest $1.3 The South Louisiana Methanol site will be the largest of its kind in North America. James Parish. ZEEP and Todd Corp.

Louisiana 231
article thumbnail

ExxonMobil plans to invest $20B over 10 years to expand manufacturing capacity in US Gulf Region

Green Car Congress

The projects, at 11 proposed and existing sites, are expected to generate thousands of new high-paying jobs and $20 billion in increased economic activity in Texas and Louisiana, Darren Woods, chairman and CEO said, highlighting the company’s Growing the Gulf initiative in a keynote speech on Monday at the CERAWeek 2017 conference.

article thumbnail

Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

Green Car Congress

At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects. —Stephen Cornell.

article thumbnail

MHTL to partner with G2X, negotiate methanol offtake agreement from G2X methanol-to-gasoline plant

Green Car Congress

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 plant received its air and construction permit from the state of Louisiana on 25 May.

Trinidad 210
article thumbnail

USDA announces state finalists for $100M Biofuel Infrastructure Partnership for pumps with higher ethanol blends

Green Car Congress

Since announcing the program in May 2015, the US. The matching contributions may be used for these items or for related costs such as additional infrastructure to support pumps, marketing, education, data collection, program evaluation and administrative costs. State finalists and estimated pumps. North Carolina. North Dakota.

article thumbnail

Albemarle develops technology to recover lithium from brine

Green Car Congress

The market for lithium chemicals is expected to grow rapidly, reaching $1.2 billion globally by 2015, primarily from increased demand for batteries in electrical vehicles. Our lithium recovery technology is an extension of our technological know-how into a very attractive end market.

Arkansas 186
article thumbnail

EIA: US refineries running at record levels; gasoline demand; exports up

Green Car Congress

From 2011 to 2014, distillate crack spreads (calculated using Gulf Coast spot prices for Light Louisiana Sweet crude oil, conventional gasoline, and ultra-low sulfur distillate) averaged a 24 cents/gal premium over gasoline crack spreads. Total US motor gasoline product supplied is up 2.9%

Gasoline 150