YCI obtains natural gas plant for US project
Published by Stephanie Roker,
Editor
World Pipelines,
Yuhuang Chemical Inc. (YCI) has announced it has secured long-term natural gas transportation capacity on the Transcontinental Gas Pipe Line (Transco). The plant – YCI-M1 – is YCI's US$1.85 billion world-scale methanol manufacturing complex.
About the plant
Located on property recently purchased by YCI along the Mississippi River in St James Parish, Louisiana, YCI-M1 is a methane-to-methanol plant designed to produce 1.7 million tpy of commercial grade methanol. To ensure deliveries of YCI-M1’s natural gas needs, YCI and Transco have executed a 20 year agreement for firm transportation capacity, from points in Transco’s Zone 3 to a new delivery interconnection with YCI-M1 that is to be constructed and operated by Transco.
The North American subsidiary of YCI operates a corporate office in Houston, and is developing its first major US project in St. James Parish. The world-scale project will entail three phases, with construction on the first phase beginning in the fourth quarter of 2015.
Edited from press release by Stephanie Roker
Read the article online at: https://www.worldpipelines.com/business-news/11082015/yci-obtains-natural-gas-plant-for-us-project/
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