Channelview plant lights up amid cheap natural gasChannelview plant lights up amid cheap natural gashttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=53692014-01-03T14:37:00Z2014-01-03T06:30:00Z

CHANNELVIEW - LyondellBasell has restarted a Gulf Coast chemical plant that had been dormant for a decade — inspired to make the change because of low natural gas prices. The plant has added 24 new jobs to LyondellBasell’s complex in Channelview.

The methanol plant, which has a capacity to produce 780,000 tons of methanol per year, was shut down in 2004 because natural gas prices in the United States became too high.

“The methanol plant restart is the first in a series of U.S. Gulf Coast projects by LyondellBasell to take advantage of the natural gas price advantage that we enjoy from shale gas,” said Patrick Quarles of LyondellBasell.

The plant transforms natural gas into methanol, a material used to manufacture chemicals like acetic acid and formaldehyde. It is also used in adhesives, foams, plywood, solvents and windshield washer fluid, and it can be used as a direct replacement for gasoline in cars.

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