SOURCE: Industrial Info Resources

Industrial Info Resources

September 15, 2014 06:15 ET

Cheap Natural Gas Draws Foreign Methanol Project Investors to U.S., an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Sep 15, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Foreign investment in the U.S. has increased substantially as a result of abundant and low-cost natural gas. In a growing number of cases, international companies are finding it more economical to build and operate production plants in the U.S. and ship the product overseas. This year alone, Chinese-owned companies have proposed construction of four methanol plants in the U.S., with plans to export most of the product to emerging Asian markets.

Within this article: Details on major projects from Northwest Innovation Works LLC, Yuhuang Chemical Incorporated and Jilin Connell Chemical Industry Company Limited.

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