Bia Energy | Port of Caddo-Bossier Blue Methanol Plant
USA
Greenfield
Overview
Status
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Greenfield
Region
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North America
Geography
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USA
State
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Louisiana
Equity Owner
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Bia Energy Operating Company
Proponent
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Bia Energy Operating Company
Output
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Methanol
Type of electricty
-
Capacity
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530,000 metric tons/year
Financing
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Technology
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blue methanol
Technical Advisors
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S&B (FEL-3 services); CapturePoint LLC (carbon capture)
Advisors
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Project Contact
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BEOC executive Ana Rodriguez
Lawyers
-
Project Cost
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$1.2bn
Offtaker
-
Commercial Operations Date
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2026
Decommission Date
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FID
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December, 2024
Description
A blue methanol production plant at the Port of Caddo-Bossier in Shreveport, Louisiana.
Plans for the proposed plant include a production capability of 530,000 metric tons of methanol annually, using natural gas as a feedstock. The plant would feature carbon capture capabilities, reducing carbon dioxide.
The facility would be located on a 74-acre site located at the Port of Caddo-Bossier.
Bia Energy is collaborating with CapturePoint LLC to capture and transport the CO2 to a class VI well site in central Louisiana. Bia Energy will utilize the J. Bennett Johnston/Red River Waterway for its barge shipments of finished product.
In April 2024, to support the marketing of the facility’s production, Bia Energy has entered into a 20-year Commercialization and Marketing Services Agreement with Macquarie Commodities Trading, an affiliate of Macquarie Group’s Commodities and Global Markets business. Through Macquarie, the project is seeking fixed-price offtake agreements with organizations in the chemical, maritime, manufacturing and industrial sectors looking to switch to low-carbon methanol.