SOURCE: Industrial Info Resources

Industrial Info Resources

October 22, 2012 06:15 ET

Planned Global Methanol Capacity Continues to Rise, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Oct 22, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Producers of methanol, a building block chemical, are taking advantage of low-cost natural gas feedstock and an improvement in demand to build new capacity. Methanol is a key feedstock used in the production of many other chemical commodities, such as formaldehyde, alternative fuels and others, helping to increase demand. There are three capital projects currently planned in the U.S. to increase methanol production capacity, with a total investment estimated at $1.3 billion.

Other companies featured: Celanese Limited (NYSE:CE), Methanex Corporation (NASDAQ:MEOH), Jacobs Engineering Group Incorporated (NYSE:JEC), Total S.A.  (NYSE:TOT)

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