CB&I bags FEED contract for large methanol facility

CB&I, a leading provider of technology for the energy industry, has bagged a contract from IGP Methanol LLC. The scope of work includes FEED services to produce a binding lump sum price for the Gulf Coast Methanol complex to be located in Myrtle Grove, Louisiana. When complete, the complex will be the world’s largest permitted methanol production facility.

 

CB&I, a leading provider of technology for the energy industry, has bagged a contract from IGP Methanol LLC. The scope of work includes FEED services to produce a binding lump sum price for the Gulf Coast Methanol complex to be located in Myrtle Grove, Louisiana. When complete, the complex will be the world's largest permitted methanol production facility.#

The complex will consist of four identical methanol trains and associated utilities. Each methanol train will have a capacity of 1.8 million tons per year of methanol production from natural gas. The FEED contract also includes terms for exclusive selection of CB&I for the engineering, procurement and construction (EPC) of each of the four methanol trains, CB&I said in a press release.

 

CB&I, a leading provider of technology for the energy industry, has bagged a contract from IGP Methanol LLC. The scope of work includes FEED services to produce a binding lump sum price for the Gulf Coast Methanol complex to be located in Myrtle Grove, Louisiana. When complete, the complex will be the world's largest permitted methanol production facility.#

The Louisiana Department of Environmental Quality (LDEQ) issued a Title V air-quality operating permit for the grassroots complex in January 2018. When complete, Gulf Coast Methanol will produce 7.2 million tons of methanol per year, making it the world’s largest permitted methanol production facility.

 

CB&I, a leading provider of technology for the energy industry, has bagged a contract from IGP Methanol LLC. The scope of work includes FEED services to produce a binding lump sum price for the Gulf Coast Methanol complex to be located in Myrtle Grove, Louisiana. When complete, the complex will be the world's largest permitted methanol production facility.#

“CB&I looks forward to partnering with IGP for this significant methanol project by providing FEED services with the exclusive opportunity to execute full EPC for each of the four methanol trains at a later date,” said Duncan Wigney, CB&I’s executive vice president of Engineering & Construction. “This award further establishes our position in the methanol market and is another example of CB&I’s integrated portfolio being leveraged by our customers with the benefit of working through a single point of contact.” (RKS)