2019 Top 400 Sourcebook: KBR Building $1.3B Methanol Plant in La.

Construction is set to begin later this year on the Methanex’s third methanol plant in Ascension Parish.
PHOTO COURTESY METHANEX
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.
Read More: ENR 2019 Top Top 400 Sourcebook PDF (subscription required)
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