Yuhuang Chemical Inc. (YCI), announced today it has secured long term, firm natural gas transportation capacity on Transcontinental Gas Pipe Line (Transco) for YCI-M1, YCI’s $1.85 billion world-scale methanol manufacturing complex. Located on property recently purchased by YCI along the Mississippi River in St James Parish, Louisiana, YCI-M1 is a methane to methanol plant designed to produce 1.7 Million metric tons per year of commercial grade methanol. To ensure deliveries of YCI-M1’s natural gas needs, YCI and Transco have executed a 20-year agreement for firm transportation capacity from points in Transco’s Zone 3 encuesta mundial to a new delivery interconnection with YCI-M1 to be constructed and operated by Transco.
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