Chinese Yuhuang’s methanol US project reaches main phase

From Mena FN

(MENAFN) Yuhuang’s methanol project, the largest green field investment in methanol by a Chinese company in southern US state of Louisiana, has made advancement in its construction.

According to Xinhua, CEO of YCI Methanol One said: “The installation of our first major equipment on foundation this week signified our project has entered above-ground construction phase, a new breakthrough in building our facility here.”

“We will gradually place in the majority of the large equipment on foundation, stepping into the construction assembly stage,” he added.

YCI, a fully owned subsidiary of Shandong Yuhuang Chemical Company, is constructing a 1.85-billion-dollar methanol production facility in St. James Parish, Louisiana.

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