Praxair Inc (PX) has signed a long-term agreement to supply oxygen to US Methanol LLC’s new facility in Institute, West Virginia. The customer’s facility will produce methanol for use in the production of plastics, varnishes, medicines, adhesives and textiles.
Praxair will build a vacuum pressure swing adsorption (VPSA) plant that is expected to start up in 2019.
US Methanol’s West Virginia facility will be a major regional manufacturer benefiting from the abundance of gas in the Marcellus and Utica shale fields. The low cost of producing natural gas and related byproducts is expected to expand the chemical industry in the area. The company selected the site because of its access to extensive water, rail and highway systems and low-cost raw materials.
Praxair Inc (PX) has signed a long-term agreement to supply oxygen to US Methanol LLC’s new facility in Institute, West Virginia. The customer’s facility will produce methanol for use in the production of plastics, varnishes, medicines, adhesives and textiles.
Praxair will build a vacuum pressure swing adsorption (VPSA) plant that is expected to start up in 2019.
US Methanol’s West Virginia facility will be a major regional manufacturer benefiting from the abundance of gas in the Marcellus and Utica shale fields. The low cost of producing natural gas and related byproducts is expected to expand the chemical industry in the area. The company selected the site because of its access to extensive water, rail and highway systems and low-cost raw materials.
No comments:
Post a Comment