Primus gets in handle Tauber for marketing of Marcellus methanolPosted by Spivey Kokholm on February 3rd, 2021 Tauber Oil will certainly handle the advertising and marketing and circulation for a prepared methanol center targeted for the Marcellus Shale area, Primus Eco-friendly Energy stated Tuesday. Primus Environment-friendly Energy plans start-up at the 60,000 mt/year methanol center in fourth-quarter 2017. The business plans to later on include three trains to enhance ability to 233,000 mt/year at an area to be revealed in the coming months, the firm stated in a statement. Tauber Oil will offtake all the product, the statement stated. Furthermore, Tauber Oil subsidiary Interconn Resources will provide the gas to the center. "Collaborating with Tauber-- an established methanol distributor with a comprehensive client roster and also deep market knowledge-- enables us to with confidence deploy our system to probably the biggest shale play in the USA," Primus Eco-friendly Energy Principal Commercial Officer George Boyajian. The product from the Primus plant will target local distribution, the company has actually claimed. The US has seen substantial ability growth considering that the beginning of 2015 with prepare for continued growth, primarily in the US Gulf Shore and the Pacific Northwest. United States methanol production capability stood at 5.75 million mt/year at the beginning of the year, up from 2.25 million mt/year at the beginning of 2015. Planned tasks in the United States Gulf Shore include Natgasoline (1.75 million mt/year in 2017), South Louisiana Methanol (1.92 million mt/year in 2017), Yuhuang Chemical (1.7 million mt/year in 2018) and also G2X Energy's Big Lake Gas (1.4 million mt/year in 2019). In the Pacific Northwest, Northwest Technology Functions has actually introduced prepare for plants in Kalama, Washington (3.5 million mt/year in 2019) as well as Clatskanie, Oregon (3.5 million mt/year in 2020). specialty chemical companies organized plant in Tacoma, Washington (7 million mt/year) has been canceled. Fine_chemical will have the ability to utilize natural gas feedstocks such as wellhead and also pipeline gas, wet or dry connected gas, ethane as well as synthesis gas, the statement said. "By comparison with other (gas-to-liquids) modern technologies, the procedure holds numerous vital benefits, including record-low funding as well as operating expense, high liquid product high quality, no wastewater, unrivaled procedure simplicity and also one of the very best conversion returns on the market," the company claimed. Platts last evaluated US place methanol on Monday at 62.75-63.25 cents/gal FOB USG for Might as well as June.Like it? Share it! More by this author |