OCI | Green Methanol Beaumont Facility

Overview

Status

Operational

Region

North America

Geography

USA

State

Texas

Equity Owner

Methanex (previously OCI Global)

Proponent

OCI HyFuels

Output

Green ammonia

Methanol

Type of electricty

Capacity

400,000 metric tons/year

Financing

Technology

bio-methanol

e-methanol

Technical Advisors

Advisors

Project Contact

Bashir Lebada, CEO, OCI Methanol/HyFuels

Lawyers

Project Cost

Offtaker

AP Moller Maersk

Commercial Operations Date

Decommission Date

FID

Description

A green methanol production facility in Beaumont, Texas.

The green methanol comes from a mix of renewable feedstocks, including renewable natural gas, green hydrogen and other over-the-fence feedstock partnerships.

As of 2023, OCI produces 200,000 metric tons/year. In September 2023, it announced its intention to double production.

September 9, 2024

OCI Global sells global methanol business to Methanex

OCI Global has reached an agreement for the sale of 100% of its equity interests in its global methanol business to Methanex Corporation for total consideration of USD 2.05 billion...

September 15, 2023

OCI to offtake green H2 from New Fortress

OCI Global has agreed to offtake green hydrogen from New Fortress Energy’s ZeroParks beginning in 2025, according to a news release. The agreement will allow OCI Global to scale up...