2019 Top 400 Sourcebook: KBR Building $1.3B Methanol Plant in La.
KBR has started work on the detailed Engineering, Procurement and Construction (EPC) phase of Methanex’s Geismar 3 methanol project in Geismar, La. KBR was awarded a reimbursable Front End Engineering Design (FEED) with EPC option contract for the project in July 2018. Geismar 3 is Methanex’s third methanol operating plant in Geismar, and will be located adjacent to the Vancouver, British Columbia-based firm’s two existing facilities. The project represents a $1.3-billion to $1.4-billion capital investment by Methanex, bringing the firm’s cumulative capital investment up to more than $2.5 billion for methanol facilities in Ascension Parish, according to Louisiana Economic Development. EPC work for the 1.8-million-tonne-per-year world-scale methanol plant is expected to be completed in the second half of 2022, and construction will begin later this year, according to Methanex.
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