TRINIDAD & TOBAGO: CONSTRUCTION CONTRACT AWARD FOR PLANNED 5,000 METRIC TON PER DAY METHANOL...

PROJECT OVERVIEW

Germany-based LURGI AG recently completed the construction of a methanol plant with an installed production capacity of 2,500 metric tons per day (mt/d) for the local TITAN METHANOL at Point Lisas, Trinidad. And, TITAN has now authorized LURGI to proceed ahead with the construction of a new 5,000 mt/d methanol unit on a fast-track basis at the same site.

Upon project completion, the new facility will be operated by the newly established ATLAS METHANOL. The latter is a joint venture company that includes BEACON ENERGY GROUP of the U.S. (75