$3.2 billion renewable methanol plant considered for Port of Lake Charles

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$3.2 billion renewable methanol plant considered for Port of Lake Charles

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A Texas company is considering building a $3.24 billion manufacturing plant in Westlake that would turn natural gas and renewable gas feedstocks into blue methanol.

The Lake Charles Methanol plant at the Port of Lake Charles would create 123 direct jobs with an estimated average annual salary of nearly $136,000, according to Louisiana Economic Development. The plant would create 605 indirect jobs in southwest Louisiana. The project would create more than 2,300 construction jobs at its peak.

The plant would turn natural gas and renewable gas feedstocks into low carbon hydrogen, while capturing carbon dioxide. The hydrogen would be used to annually produce about 3.6 million tons of blue methanol. Industrial manufacturing processes are considered "blue" when they use carbon capture to mitigate emissions.

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