Cheap Natural Gas Draws Foreign Methanol Project Investors to U.S.

SUGAR LAND--September 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.