Methane Manufacturing Gets 1 2 Billion Boost in Louisiana

Methane Manufacturing Gets $1.2 Billion Boost in Louisiana

Oct. 14, 2014
Castleton Commodities International 's new methanol manufacturing plant will produce an estimated 5,000 metric tons of methanol per day, using natural gas as the key feedstock for production. 

Castleton Commodities International LLC (CCI) announced last week it will invest $1.2 billion investment to develop a new methanol manufacturing plant along the Mississippi River in Plaquemines Parish, south of New Orleans.

The plant will produce an estimated 5,000 metric tons of methanol per day, using natural gas as the key feedstock for production. Construction will begin in 2016, with an estimated two-year build-out leading to completion of the methanol manufacturing plant.

“CCI is excited to have our methanol project in Plaquemines Parish, Louisiana,” said William C. Reed II, CEO of CCI. “Louisiana has a great workforce, strong business climate and robust energy infrastructure. The project location situated along the Mississippi River near New Orleans makes the site ideal for use in multiple projects. The proximity to a major waterway, deepwater ports, access to natural gas pipelines, truck and rail – in addition to an efficient and expeditious permitting process offered by Louisiana – were major deciding factors in the selection of Plaquemines Parish for the project.”

More than 340 jobs in the southeast region of the state related to the facility and additional 1,000 construction jobs will be created.

“We are proud to see record industrial investment and job creation rise up across our state – from Sasol, Cheniere Energy and Benteler to Dow, Nucor, CF Industries, Cornerstone Chemical and Dyno Nobel. These and similar industrial projects are bringing tens of billions of dollars in new investment to our state,” said Gov. Bobby Jindal.  

To secure the project, the State of Louisiana offered the company a competitive incentive package that includes the comprehensive workforce solutions of LED FastStart, the nation’s No. 1 state workforce development program. CCI also is expected to utilize the state’s Quality Jobs and Industrial Tax Exemption programs.

“CCI’s decision to invest in a methanol manufacturing facility underscores that Louisiana’s combination of logistics, business climate and focus on international trade make it a top location for industrial projects,” said Michael Hecht, CEO of Greater New Orleans Inc.

About the Author

Adrienne Selko | Senior Editor

Focus: Workforce, Talent 

Follow Me on Twitter: @ASelkoIW

Bio: Adrienne Selko has written about many topics over the 17 years she has been with the publication and currently focuses on workforce development strategies. Previously Adrienne was in corporate communications at a medical manufacturing company as well as a large regional bank. She is the author of Do I Have to Wear Garlic Around My Neck? which made the Cleveland Plain Dealer's best sellers list. She is also a senior editor at Material Handling & Logistics and EHS Today

Editorial mission statement: Manufacturing is the enviable position of creating products, processes and policies that solve the world’s problems. When the industry stepped up to manufacture what was necessary to combat the pandemic, it revealed its true nature. My goal is to showcase the sector’s ability to address a broad range of workforce issues including technology, training, diversity & inclusion, with a goal of enticing future generations to join this amazing sector.

Why I find manufacturing interesting: On my first day working for a company that made medical equipment such as MRIs, I toured the plant floor. On every wall was a photo of a person, mostly children. I asked my supervisor why this was the case and he said that the work we do at this company has saved these people’s lives. “We never forget how important our work is and everyone’s contribution to that.” From that moment on I was hooked on manufacturing.

I have talked with many people in this field who have transformed their own career development to assist others. For example, companies are hiring those with disabilities, those previously incarcerated and other talent pools that have been underutilized. I have talked with leaders who have brought out the best in their workforce, as well as employees doing their best work while doing good for the world. 

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