Celanese Corp., a global technology and specialty materials company, plans to construct and operate a methanol production facility at its acetyl complex in Clear Lake, Texas.
The company will utilize its existing infrastructure to capture the opportunities created by abundant and affordable US natural gas supplies.
"The positive developments in the US energy complex and the current and emerging natural gas surplus make it advantageous for us to produce our own methanol requirements for US acetyl production," commented Mark Rohr, chairman and CEO of Celanese.
Following necessary approvals, Celanese intends to construct a 1.3-million-metric-tpy facility with anticipated startup after July 1, 2015. A significant portion of the methanol produced will be used to support the company's current operations.
The company expects to partner with one or more additional entities interested in the remaining methanol. The additional methanol production will incrementally bring several hundred jobs to the area through the construction and startup phases.
The company currently produces acetic acid and vinyl acetate monomer at the facility and is finalizing construction of its TCX ethanol technology development unit.