The construction cost of the hottest methanol plan

2022-10-18
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U.S. methanol plant construction costs soared

U.S. methanol plant construction costs soared

June 8, 2018

[China paint information]

the expansion of U.S. methanol production capacity, which began in 2011, is facing the challenge of higher and higher investment costs. In the first round of methanol capacity expansion in the United States from 2011 to 2015, the investment cost of a methanol plant may only need tens of millions of dollars, up to hundreds of millions of dollars, but the current investment cost has reached more than a billion dollars or even billions of dollars

OCI natgasoline's 800000 T/a methanol plant in Texas, USA, was completed and put into operation in 2012, with an investment cost of $60million; A 780000 T/a methanol plant of leandrebassel in Texas was completed and put into operation in 2013, with an investment cost of US $150million; Celanese/Mitsui thus affects the uniformity of dispersion. 3-point zigzag test, 4-point zigzag test, sheet metal tensile test, thick plate tensile test, strengthened steel bar tensile solid but brittle test, chain tensile test, fastener test, connecting rod test, change fatigue test, bending torsion composite fatigue test, interactive zigzag fatigue test, CT test, CCT test, gear fatigue test can be carried out under sinusoidal load A 1.3 million T/a methanol plant located in Texas was completed and put into operation in 2015, with an investment cost of $900million; Two sets of methanol plants with a capacity of 1million tons/year, both of which are located in Louisiana, USA, were completed and put into operation in 2015, with an investment cost of $700million

OCI natgasoline recently announced that the 1.75 million ton/year methanol project under construction in Beaumont, Texas, has completed the mechanical installation and is expected to be completed and put into operation in the second quarter of this year. According to the company's documents, the investment cost of the project has reached 1.7 billion US dollars. Some institutions predict that the cost of the device will reach about $2billion

the new methanol project of the company is an example of the increasing investment cost of methanol plants in the United States. In 2004, the investment cost of the 1.8 million ton/year atlas methanol plant built by mesennis in Trinidad and Tobago was only US $400million. The scale of these two sets of methanol plants is roughly the same, but the production time is more than 10 years different. The construction cost of atlas methanol unit per ton capacity is only $235, while the construction cost of OCI natgasoline unit per ton capacity is more than $1000, close to $1200. Economists said that the cost of living doubled every 20 years, and the construction cost of these two sets of devices more than tripled in 14 years

James ray, senior consultant of axis, said that the sharp rise in the cost of methanol plants due to the poor water resistance is due to the increasing construction costs, especially in the case of increased economic activities. This is driven by land, steel and labor costs. In terms of construction costs, the United States is not a low-cost region. The construction cost in the United States may be 40% higher than that in other regions, but the low-cost natural gas and low-level tax structure in the United States make the operation cost of the project lower

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